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Household debt as a percentage of GDP has decreased significantly over the last 15 years, indicating that the consumer has successfully deleveraged.
“Household debt as a percentage of GDP has gone down in a meaningful way. The consumer has delevered over the past 15 years.”
The Compound · Jan 2026 · 1 episode · 19K views on this topicExtracted by a model; may misattribute who said what.