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Delinquent Debt Shrinks while Real Estate Debt Continues

Daily newsbrief journal for February 2012, also see http://www.usdemocrats.com/brief for a global 100-page perpetual brief and follow twitter @usdemocrats


Delinquent Debt Shrinks while Real Estate Debt Continues

Postby admin » Mon Feb 27, 2012 9:29 pm

Delinquent Debt Shrinks while Real Estate Debt Continues
from NY Fed | News
Aggregate consumer debt fell $126 billion to $11.53 trillion in the fourth quarter of 2011 according to the Federal Reserve Bank of New York's latest Quarterly Report on Household Debt and Credit, a 1.1 percent decrease from the $11.66 trillion reported in the prior quarter's findings.

http://www.newyorkfed.org/newsevents/ne ... 20227.html
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