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Americans are piling on debt at a furious pace, as tariffs loom

https://www.marketwatch.com/story/americans-are-piling-on-debt-at-a-furious-pace-as-tariffs-loom-626cccb0

Paywall removed https://archive.is/Psa8g

CircuitGuy @lemmy.world - 10mon

I am unclear what to take away from this. It says nominal consumer debt is at and all-time high, but it's not if you consider real (inflation-adjusted) numbers. It says the ratio of debt payments to disposable income is low compared to recent decades.

So it seems, contrary to the article's title, that there hasn't been a furious pace of change in consumer debt.

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