U.S. Household Debt Reaches Yet Another Record on Home Loans
Bloomberg, May 5, 2020–Alexandre Tanzi, Shahien Nasiripour
Americans increased their borrowing for the 23rd straight quarter to a total of $14.3 trillion, according to the Federal Reserve Bank of New York, the latest snapshot of household balance sheets entering what many experts believe to be a recession.
https://www.bloomberg.com/news/articles/2020-05-05/u-s-household-debt-reaches-yet-another-record-on-home-loans?srnd=premium