Subject: Re: Control Panel: Middle-class vibe
Jeff wrote: It would be interesting to compare the debt/time curves to periods of finacial stress in the past.

Here you go. I don't think the situation looks bad. Unemployment is currently low. Consumers aren't carrying excessive debt, aren't carrying excessive debt relative to their disposable incomes and aren't defaulting at high rates.

https://fred.stlouisfed.org/gr...

https://fred.stlouisfed.org/se...

https://fred.stlouisfed.org/se...

Wendy