Andy Kessler: Charts of Household Debt showing 7 years of overhang

Here is my conclusion, that we are 3 years into a 7 or more year deleveraging of household debt. The blue is actual through the first quarter of 2010. The red is trendline and the transparent blue box is my estimate for household debt to get back to trendline. You can download the data from this St. Louis Fed page.

via Andy Kessler: Charts of Household Debt showing 7 years of overhang.

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