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Open original source ↗Mortgage debt is larger than all the rest of those combined, which is why mortgages blowing up in 2008 was fatal to the banking system, and why substantial weakness in other non-mortgage debts is generally not.
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The blue line is getting the attention on this chart but the key takeaway is that all of credit cards, auto loans, and student loan delinquencies are at or near their highest levels ever. Only home loans are doing ok, but their market is on multi year life support demand wise. https://t.co/0stcouGkP9
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