NYF: Total Household Debt Now Sits $1.3 Trillion Higher Than The Peak Immediately Before The Financial Crisis

“Aggregate household debt balances increased by $92 billion in the third quarter of 2019, a 0.7% increase, and now stand at
13.95 trillion. Balances have been steadily rising for five years and in aggregate are now $1.3 trillion higher, in nominal terms, than
the previous peak (2008Q3) peak of $12.68 trillion. Overall household debt is now 25.1% above the 2013Q2 trough”
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