U.S Economy

• In 1981 household debt was 47% of U.S. GDP, in 2007 it was 96%. A look back at The Great Credit Boom that Was Valeo Financial Advisors
• Consumer credit in the U.S. rose in March by the most in over 10 years Bloomberg
• U.S. trade deficit widened in March to $51.8 billion from February’s revised $45.4 billion Chart: St. Louis Fed

Financial Planning

• According to Freddie Mac, fixed mortgage rates set new record lows. Chart of the last 5 years: Valeo Financial Advisors
• Get your social security statement online by setting up a my social security account. U.S. Social Security Administration

The Dismal Science (aka Economics)

• Simon Johnson on Why Economic History Matters. 5 books from The Browser
• Stumped by an economics term? Check out the new glossary from Page One Economics St. Louis Fed

Miscellaneous

• Are Smart Phones Spreading Faster than Any Technology in Human History? MIT