[quote=SK in CV]livinincali…we must have been talking about two different bond bubbles. I was talking about valuation of government long-term bonds, which have been in a bull market for 30 years.
You’re apparently talking about the increase in debt over the last 60 years. It’s a concern. Not an emergency. I’m a bit confused by it though, what is the source? Not sure what GSE debt is doing in there. It would essentially be counting the same debt twice.[/quote]
The Fed Z1 is the source of the chart. Not really sure is we can consider GSE (which are the Freddie, Fannies, etc of the world) as being double counted in household debt or not.