America’s Expanding Debt Footprint (And What It Really Means)
PYMNTS
JUNE 26, 2018
But, he added, while those debt numbers get a lot of play, it is also worth noting that personal income has gone up $5 trillion in the same amount of time — or $4 trillion after taxes. But that 42 percent of debt is not divided evenly among consumers — millennials are carrying the vast bulk of it.
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