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A Nation's Journey From Thrift to Credit

November 9, 2018 | 0 min read


Americans' debt has returned to levels last seen before the recession in normal terms, but the makeup of that debt has changed significantly. This is the change in total debt balance by type since its previous peak in 2008: 

  • 5 million homes repossessed
  • $250 billion in fines for bad behavior
  • 15 million children go hungry
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