US consumers really aren't so bad.
Savings rates have been inching up ever since bottoming out around 2005.
Savings rates have been inching up ever since bottoming out around 2005.
Household debt (latest): https://data.oecd.org/chart/5VU6
You can play with the charts to plot trends for as long as the OECD have data for each value. The position of the US isn't great, but it isn't terrible either.