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Oh dang ! That household debt sure is scary. Where's the real time data sourced from? > U.S economic risk as of ... With the click of a button, may be also al
by 19890903 9y ago
Oh dang ! That household debt sure is scary. Where's the real time data sourced from?
> U.S economic risk as of ...
With the click of a button, may be also allow a view of where it was at a point in history...? i.e. U.S economic risk as of [insert point in history]
Great work so far. Simple and usable.
- truffle_pig 9y agoThis is a great idea. Might implement some kind of timeline that you can scroll through.
- matt-attack 9y agoBut while the household debt is huge, isn't it naturally balanced by the equally massive collateral the banks have in the houses themselves? I mean, sure Joe America has a $500k mortgage, but the bank has first position on Joe's house which is worth $675k.
- tveita 9y ago> first position on Joe's house which is worth $675k Only in a healthy housing market. In an economic downturn where a lot of people are defaulting, the bank will not be able to sell the house for anywhere near that price.