The Traderszone Network

Published in TZ Latest News 12 November, 2017 by The TZ Newswire Staff

U.S. Household Debt- Not a pretty picture at all

For Americans who believe that all is well with the economy, it may come as a rude shock to know that their household debt may be the cause of the trouble. The Federal Reserve Bank New York has made an official announcement that debt balances zoomed quite drastically in the last part of 2016. The last quarter of the year posted a rather shocking $12.58 trillion in household debt, says the newest quarterly report from the Fed.

Nearing the recession time debt

In a record that is best not…

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