### Comment:
That is public debt to GDP.  I didn’t mention that one because it is way out of whack. I was pointing to consumer debt to assets. Stock prices to revenues. And corporate debt to income as still being reasonable compared to other eras. You are absolutely right that national debt to GDP is totally fucked.

### REPLY:
Those individual metrics were worse in those times you mentioned yes that’s correct. But you isolated them to different periods. Have the sun total ever been this high? Combined, these debt issues form the biggest debt load the US has seen in history. All while interest rates are low and the economy is hot.

### END.