Debt Still Bedevils Economy Five Years After Financial Crisis

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/

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