I'm going back to the three projections we started with yesterday, the ones I decided to keep. I'll even keep the red, green and gold colors for the projections, as we won't be adding any more lines to the graph.
|Graph #1: Household Debt and Three Projections to 2025|
Here's a look at the growth of those numbers:
|Graph #2: Percent Change from Year Ago, Household Debt & Projections|
I'll compare these projections to the bowl of the 1990s.
After 20 years of economic sluggishness, what did household debt look like when we were coming out of the bowl, transitioning to the "new economy" of the latter 1990s? It looked like this:
|Graph #3: Percent Change from Year Ago, Household Debt 1988-1996|
Okay, I changed my mind. I like those Graph #2 projections.
// the Excel file