The Wall Street Journal, in its persistent quest to mislead people about financial statistics, has this to say today: U.S. Mortgage Debt Hits Record, Eclipsing 2008 Peak U.S. mortgage debt reached a record in the second quarter, exceeding its 2008 peak as the financial crisis unfolded. Mortgage balances rose by $162 billion in the second … Continue reading Wall Street Journal Sounds Fake Alarm Over Mortgage Debt