[Peak Credit] update

Here's the back link to my previous peak credit update.  I recently found another credit chart on the Federal Reserve FRED website that might turn out to be easier to read than the ones used in prior Peak Credit posts.  This data set is called "Commercial and Industrial Loans, All Commercial Banks".

Zooming in to the 5th of 5th of 5.  I like the rising wedge action in the blue 3 position of this model.

Societal debt has been on a rapid upward path since the 1970s.  It cannot be paid off and so it will be defaulted upon in some form or fashion (massive inflation is a tried and true soft default mechanism).  A debt based economy is not sustainable and we are very near the end game here.  The "if" part of a collapse is already answered: there is no more question of "if".  There is only when.