Viewing a single comment thread. View all comments

mehnimalism t1_iut33fk wrote

Certainly looks similar, just with a much longer timescale.

Regardless, loan total should be contextualized by adjusting for inflation, income levels, or something similar. It’s a similar argument to debt vs GDP — it means relatively little without understanding growth rate, ability to pay back, etc.

I will say on its own that’s an unhealthy CC debt trend.

11