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IPFS News Link • Economy - Economics USA

Household Debt: Why The Economy Will Stink Until 2020

06-21-2011 • BusinessInsider.com/

In Richard Koo's latest note, he includes a chart detailing the progress of deleveraging in the U.S. In a word, poor. We're not even half way back to the pre-credit bubble trend line, and won't get there until 2020.

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