Personal household debt is soaring

[HerdBuckeye]

Hitting record levels of $13 trillion. It appears like families are starting to run their households like trump runs his businesses. Load them up with debt.

Ironically Louisiana is worst in past due debt in collection status. West Virginia is top 5 along with other solid red states South Carolina, Kentucky and Mississippi. States with least past due debt are Midwest lead by Minnesota. New York and California in pretty good shape both in the top percentile.

Nice job WV.

 

[Rock98Dog]

People spend when they are confident.

 

[HerdBuckeye]

People spend when they are confident.

Is that what is going on with West Virginia and Louisiana where big portions of the population (many counties over 50 percent of the population) is in collections phase to one or more lenders??? Hummm. That’s intersting. Glad households in eastern Kentucky and southern wv are feeling so confident.

 

[raleighherdfan]

 

[raleighherdfan]

Hummmmm. Bucky using Q1 ‘17 data as an up to date report??? Can’t be?

https://mobile.nytimes.com/2017/05/...d-states.html?referer=https://www.google.com/

Nevertheless , I’ll reiterate..... another bucky (ignorant) thread.......

 

[HerdBuckeye]

Hummmmm. Bucky using Q1 ‘17 data as an up to date report??? Can’t be?

https://mobile.nytimes.com/2017/05/...d-states.html?referer=https://www.google.com/

Nevertheless , I’ll reiterate..... another bucky (ignorant) thread.......

Uh no not what I was referring to. You crack us up how you go running to google and pull an article out of the middle of no where and start posting rebuttals. You’re a fvcking clown dude.

 

[raleighherdfan]

Then please share with us the difference between my article and your referenced debt amount...(dude??).

 

[raleighherdfan]

Let’s give Obummer the credit here. Almost 13 trillion of personal household debt by Q1 ‘17.

I guess Obumma wanted households to be run like Trump businesses. Makes sense. He helped run the national debt up $$ trillions. What’s a few more on the household side??