.....The U.S. Now Has:
— The Kobeissi Letter (@KobeissiLetter) August 8, 2023
1. Record $17.1 trillion in household debt
2. Record $12.0 trillion in mortgages
3. Record $1.6 trillion in auto loans
4. Record $1.6 trillion in student loans
5. Record $1.0 trillion in credit card debt
Total mortgage debt is now more than double the 2006…