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Sunday, February 02, 2014 3:20:48 PM
And stock market margin debt is astronomical. Even higher than 2007.
http://www.zerohedge.com/news/2014-01-27/margin-debt-soars-record-high-investor-net-worth-now-doubly-negative-2007-bubble-pea
http://www.nerdwallet.com/blog/credit-card-data/average-credit-card-debt-household/
The average US household credit card debt stands at $15,270, the result of a small number of deeply indebted households forcing up the numbers. Based on an analysis of Federal Reserve statistics and other government data, the average household owes $7,123 on their cards; looking only at indebted households, the average outstanding balance rises to $15,270. Here are statistics, trends, studies and methodology behind the average U.S. household debt.
Current as of January 2014
U.S. household consumer debt profile:
Average credit card debt: $15,270
Average mortgage debt: $149,925
Average student loan debt: $32,258
In total, American consumers owe:
$11.36 trillion in debt
A decrease of .1% from last year
$856.9 billion in credit card debt
$7.93 trillion in mortgages
$1,049.0 billion in student loans
An increase of 11.% from last year
Starboy
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