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Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID

Despite Record Surge In Subprime Car Loan Originations, US Household Debt Dropped In Q2: First Since COVID Something unprecedented happened in the second quarter: aggregate household debt balances declined by $13 billion, a 0.1% decline from Q1. Balances stood at $18.8 trillion, up $4.6 trillion since the end of 2019, just before the pandemic recession. But the reason why we say it was unprecedented, is that the Q2 drop was the first quarterly decline in total household debt since the second quarter of 2020, when the US economy was gripped...
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Apr 19, 2026 /
Trump: US Forces Attack, Seize Iranian Cargo Ship
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Mar 2, 2026 / Thomas DiLorenzo
Rothbard at 100
Today, March 2, would have been Murray Rothbard’s 100th birthday. Rothbard’s intellectual heir, Hans-Hermann Hoppe, has published on his Property and Freedom Society Web sit a tribute to his mentor that includes twenty new essays and much more. Hans is widely regarded all over the world as Rothbard’s most important intellectual heir and his closest […] The post Rothbard at 100 appeared first on LewRockwell.
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May 3, 2026 / Tyler Durden
Ukraine Flexes With Much Deeper Drone Reach Targeting Russia's Refineries 
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