never ending depression- steve keen , page-25

rate of indebtedness
rate of unemployment
cpi
the baltic dry index
teds
libor
gdp
interest rates
commodity prices
house prices
muscle car sales
sales of underpants

the number of indicators as to where the economy is going is phenomenal

in fact there are so many that you could probably say whatever you like

keen bases his arguments on historical growth of indebtedness
originally debt was pretty low due to the fact that only one member in the family, the man could take out a loan
feminism and equal rights led to women getting work which led to two members of the family being able to get loans
of course the rate of indebtedness grew

low interest rates
the propensity to make loans is increasing again as banks sure up their balance sheets
rate of debtedness is on the rise again

what are the implications for society and the housing market?

maybe indebtedness is part and parcel of being part of modern economy