Wednesday, May 17, 2017

Household Debt Makes a Comeback in the U.S.



The Federal Reserve Bank of New York said Wednesday that total household debt had reached a new peak — $12.7 trillion — in the first three months of the year, another milestone in the long, slow recovery of the United States economy.
from the NYTimes 



There was a young couple from Trent
Who got into debt cuz they spent
So much on lattes
That now they must raise
Quadruple the money they spent.

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