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Looking at the 2nd chart of Economic Cognitive Dissonance, I am a little puzzled by the labeling and just which sectors are included in which total.
If domestic financial is 13.7T, federal gov't is 6.7T, local gov't is 2T, and corporate business is 5.7T, that's already 24.1T isn't it? Any reading of total household is going to put you over the 28.2T total.
Is there a way to separate those out so we can say with confidence who borrowed how much of the total?
If domestic financial is 13.7T, federal gov't is 6.7T, local gov't is 2T, and corporate business is 5.7T, that's already 24.1T isn't it? Any reading of total household is going to put you over the 28.2T total.
Is there a way to separate those out so we can say with confidence who borrowed how much of the total?