Household Net Worth vs. Total Credit Market Debt Owed

Click to enlarge.

What pessimists see:

1. We're in a long-term linear trend channel heading to zero.
2. We're at the top of the trend channel again (last seen in 2006:Q1 and 2000:Q1).

What optimists see:

3. Yes, but net worth can't fall below zero. The downward trend is therefore guaranteed to fail someday!

It's nice to see both camps in complete agreement here, lol. Sigh.

See Also:
Sarcasm Disclaimer

Source Data:
St. Louis Fed: Custom Chart