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1) Read the article (https://www.marketwatch.com/story/us-debt-load-falling-at-fastest-pace-since-1950s-2012-06-08). What's the dissimilarity with both public and private debt? Does it make a difference that a substantial part of private

1) Read the article (https://www.marketwatch.com/story/us-debt-load-falling-at-fastest-pace-since-1950s-2012-06-08).

What's the dissimilarity with both public and private debt? Does it make a difference that a substantial part of private debt seems to have become public debt? What does the story in this article help figure out what's going on in Consumer Sentiment Index earlier this year?

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