Personal Consumer Debt 100% of GDP

I also heard the week of March 1 on This American Life that our personal consumer debt (not national debt) has risen to 100% of our gross national product (GDP) - the first time this has happened since 1929. While this scares me in regards to future economic forecasts, it once again illustrates how far out of sync our consumption has gotten - to the detriment of ourselves but more importantly to the poorest of the world.

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