The Debt Potato

The past year has been all about shifting debt.
The financial crisis drove American homeowners into debt. Homeowners defaulted on their loans (or threatened to), driving the banks into debt. The U.S. government bailed out the banks, shifting debt to the public balance sheet.

And over the last few weeks the "hot potato" has once again begun to move. From the government back to the private sector.
Full article at: Debt