Domestic non-financial debt outstanding was $44trillion at the end of the second quarter of 2015, of which household debt was $14trillion, non-financial business debt was $12.5trillion, and total government debt was $17.5 trillion
Household debt increased at an annual rate of 3.9 percent in the second quarter of 2015. Consumer credit grew 8.1 percent, while mortgage debt (excluding charge-offs) grew 2.2 percent at an annual rate
A lot for the top 1%
Top 0.1% really pulling away to Roaring Twenties levels
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.