Debt Still Bedevils Economy Five Years After Financial Crisis
- Sunday, September 29, 2013, 11:20
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The Lehman bankruptcy marked the beginning and, as it turned out, the end of the Great Deleveraging. In the U.S. private sector, debt has been cut back, but only a little. Total debt, public and private, is higher than ever.
http://www.forbes.com/sites/greatspeculations/2013/09/29/debt-still-bedevils-economy-five-years-after-financial-crisis/