I would like to the see the same graph for second half of 2020, I wonder if even after all the stimulus, quantitative easing, loan repayment holidays household debt has decreased by much.
In the end markets dictate interest rate as risk increases - not governments...
"Only when the tide goes out do you discover who's been swimming naked.”
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- Not seeing a 40% drop!
Not seeing a 40% drop!, page-108
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