{"id":10629,"date":"2014-08-17T22:28:32","date_gmt":"2014-08-18T02:28:32","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10629"},"modified":"2014-08-17T22:28:32","modified_gmt":"2014-08-18T02:28:32","slug":"the-joseph-cycle-7-fat-years-and-7-lean-years","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/","title":{"rendered":"The Joseph Cycle: 7 Fat years and 7 lean years"},"content":{"rendered":"<p>George Dorgan writes:<\/p>\n<blockquote><p>Since both the positive and the negative phases of a financial cycles take around seven years, financial cycles are sometimes called \u201cJoseph cycle\u201c, from the biblical prophet Joseph that speaks of seven good and seven bad years. The financial cycle connected to expectations about real estate prices, is also called credit cycle&#8230;..After the bust of dot com bubble in 2001, the Fed lowered interest rates. Credit was easily available and private debt strongly increased. Government debt remained relatively stable.<\/p>\n<p>Only in few countries like Germany, Japan or Switzerland people were far more cautious, because they had seen a real estate bubble bust in the 1990s. The leveraging phase finally ended in 2011, in China and in some other emerging markets&#8230;..<\/p>\n<p>We think that the reduction of debt will continue to be the main driver of global economies during the next Joseph cycle, in the next seven years. After the US lowered debt levels until 2011\/2012 it is now time for Europe except Germany and Switzerland and Emerging Markets&#8230;.<\/p><\/blockquote>\n<p>Read more at <a href='http:\/\/snbchf.com\/global-macro\/debt-financial-cycle-2011-2017\/'>Debt, the Joseph Cycle Determinant between 2011 and 2017 -SNBCHF.COM<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>George Dorgan writes: Since both the positive and the negative phases of a financial cycles take around seven years, financial cycles are sometimes called \u201cJoseph cycle\u201c, from the biblical prophet Joseph that speaks of seven good and seven bad years. The financial cycle connected to expectations about real estate prices, is also called credit cycle&#8230;..After &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The Joseph Cycle: 7 Fat years and 7 lean years&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,5,33,34],"tags":[876,959,1090,1381,2868],"class_list":["post-10629","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-economy","category-uk-europe-countries-regions","category-us-canada-countries-regions","tag-credit-cycle","tag-debt-bubble","tag-dotcom-bubble","tag-financial-cycle","tag-real-estate-bubble"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Joseph Cycle: 7 Fat years and 7 lean years - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Joseph Cycle: 7 Fat years and 7 lean years - the patient investor\" \/>\n<meta property=\"og:description\" content=\"George Dorgan writes: Since both the positive and the negative phases of a financial cycles take around seven years, financial cycles are sometimes called \u201cJoseph cycle\u201c, from the biblical prophet Joseph that speaks of seven good and seven bad years. The financial cycle connected to expectations about real estate prices, is also called credit cycle&#8230;..After &hellip; Continue reading &quot;The Joseph Cycle: 7 Fat years and 7 lean years&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2014-08-18T02:28:32+00:00\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"The Joseph Cycle: 7 Fat years and 7 lean years\",\"datePublished\":\"2014-08-18T02:28:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/\"},\"wordCount\":189,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"keywords\":[\"Credit Cycle\",\"debt bubble\",\"Dotcom bubble\",\"financial cycle\",\"real estate bubble\"],\"articleSection\":[\"China &amp; HK\",\"Economy\",\"UK &amp; Europe\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/\",\"name\":\"The Joseph Cycle: 7 Fat years and 7 lean years - the patient investor\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\"},\"datePublished\":\"2014-08-18T02:28:32+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/2014\\\/08\\\/17\\\/the-joseph-cycle-7-fat-years-and-7-lean-years\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/thepatientinvestor.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The Joseph Cycle: 7 Fat years and 7 lean years\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#website\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/thepatientinvestor.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/thepatientinvestor.com\\\/wp-content\\\/uploads\\\/2026\\\/03\\\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/profile.php?id=61572934660810\",\"https:\\\/\\\/www.instagram.com\\\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/thepatientinvestor.com\\\/#\\\/schema\\\/person\\\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\\\/\\\/thepatientinvestor.com\\\/index.php\\\/author\\\/colin58s\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The Joseph Cycle: 7 Fat years and 7 lean years - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"The Joseph Cycle: 7 Fat years and 7 lean years - the patient investor","og_description":"George Dorgan writes: Since both the positive and the negative phases of a financial cycles take around seven years, financial cycles are sometimes called \u201cJoseph cycle\u201c, from the biblical prophet Joseph that speaks of seven good and seven bad years. The financial cycle connected to expectations about real estate prices, is also called credit cycle&#8230;..After &hellip; Continue reading \"The Joseph Cycle: 7 Fat years and 7 lean years\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2014-08-18T02:28:32+00:00","author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"The Joseph Cycle: 7 Fat years and 7 lean years","datePublished":"2014-08-18T02:28:32+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/"},"wordCount":189,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"keywords":["Credit Cycle","debt bubble","Dotcom bubble","financial cycle","real estate bubble"],"articleSection":["China &amp; HK","Economy","UK &amp; Europe","US &amp; Canada"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/","name":"The Joseph Cycle: 7 Fat years and 7 lean years - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"datePublished":"2014-08-18T02:28:32+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/17\/the-joseph-cycle-7-fat-years-and-7-lean-years\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"The Joseph Cycle: 7 Fat years and 7 lean years"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-2Lr","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":30488,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/01\/17\/commodities-stock-and-real-estate-cycles\/","url_meta":{"origin":10629,"position":0},"title":"Commodities: Super-cycle or bust?","author":"Colin Twiggs","date":"January 17, 2022","format":false,"excerpt":"Some market commentators talk of how we are near the beginning of a new commodity super-cycle but they make the mistake of measuring prices in US Dollars which is hardly a stable benchmark. The Dollar has lost at least two-thirds of its value over the past 40 years. Measured against\u2026","rel":"","context":"In &quot;Copper&quot;","block_context":{"text":"Copper","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/commodities-gold-commodities\/copper\/"},"img":{"alt_text":"Purchasing Power of the Dollar","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-17-dollar-cpi.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-17-dollar-cpi.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-17-dollar-cpi.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/2022-01-17-dollar-cpi.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":1325,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/13\/roubini-moving-from-the-post-bubble-post-bust-economy-to-growth-credit-writedowns\/","url_meta":{"origin":10629,"position":1},"title":"Roubini: Moving From the Post-Bubble, Post-Bust Economy to Growth | Credit Writedowns","author":"ColinTwiggs","date":"October 13, 2011","format":false,"excerpt":"It is not only the U.S. economy that is in peril right now. \u2026Europe is struggling to prevent the sovereign debt problems of its peripheral Euro-zone economies from spiraling into a full-fledged banking crisis\u2026 Meanwhile, China and other large emerging economies\u2026 are beginning to experience slowdowns\u2026Nor is renewed recession the\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2678,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/12\/18\/debt-and-deleveraging-the-global-credit-bubble-and-its-economic-consequences-mckinsey-global-institute-financial-markets-mckinsey-company\/","url_meta":{"origin":10629,"position":2},"title":"Debt and deleveraging: The global credit bubble and its economic consequences | McKinsey Global Institute","author":"ColinTwiggs","date":"December 18, 2011","format":false,"excerpt":"Empirically, a long period of deleveraging nearly always follows a major financial crisis. Deleveraging episodes are painful, lasting six to seven years on average and reducing the ratio of debt to GDP by 25 percent. GDP typically contracts during the first several years and then recovers. via Debt and deleveraging:\u2026","rel":"","context":"In &quot;Debt Levels&quot;","block_context":{"text":"Debt Levels","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/debt-levels\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14822,"url":"https:\/\/thepatientinvestor.com\/index.php\/2017\/02\/17\/seven-signs-australians-are-facing-economic-armageddon\/","url_meta":{"origin":10629,"position":3},"title":"Seven Signs Australians Are Facing Economic Armageddon","author":"ColinTwiggs","date":"February 17, 2017","format":false,"excerpt":"Economics advisor John Adams warns that Australia faces \"economic Armageddon\" because of \"significant structural imbalances\" not seen since the lead up to the Great Depression in the 1920s. Here are his seven signs: Seven Signs Australians Are Facing Economic Armageddon Sign 1: Record Australian Household Debt According to the Reserve\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16221,"url":"https:\/\/thepatientinvestor.com\/index.php\/2018\/04\/30\/consumer-behavior-has-indelibly-changed\/","url_meta":{"origin":10629,"position":4},"title":"Consumer behavior has indelibly changed","author":"Colin Twiggs","date":"April 30, 2018","format":false,"excerpt":"From David Uren at The Australian: A research study by Commonwealth chief economist Michael Blythe, which draws on surveys of the bank\u2019s customers, backs the Reserve Bank\u2019s view that elevated housing debt is not an imminent threat to financial stability, with the largest debts held by those best able to\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8581,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/10\/09\/household-debt-to-income-ratio\/","url_meta":{"origin":10629,"position":5},"title":"Household Debt to Income ratio","author":"ColinTwiggs","date":"October 9, 2013","format":false,"excerpt":"Barry Ritholz highlights the alarming debt to income ratio for Canada compared to the USA: How does Australia compare? Australian household debt to income is similar to Canada's. There has been discussion recently about whether Australia is in a housing bubble. As Anna Schwartz (joint author of A Monetary History\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10629","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=10629"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10629\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=10629"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=10629"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=10629"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}