Quote Originally Posted by Fabius Maximus View Post
There is a minority opinion that this is the end of the post-WWII "debt supercycle" (coined by the people at Bank Credit Analyst).....Each US economic cycle since 1960 has ended with increased household debt. At some point we reach our maximum carrying capacity of debt. That might be now.
I looked for a citation and thought Minsky had wrote it, but wasn't the GI Bill and VA home buying loan programs at the end of World War 2 what kicked the debt cycle off? Before WW2 most homes were bought on a cash basis or through family help?