In 2000, the total private credit market debt was 27138.3 billion dollars. By 2008, it had nearly doubled to 52589.0 billion dollars. Total private credit market debt has since stagnated and decreased for the first time in history. http://www.federalreserve.gov/releases/z1/current/accessible/l1.htm Please, what is your opinion of this? Debt levels have nearly DOUBLED at the same time there has been ZERO real economic growth.