Business Insider -
19 Nov 2017 16:08

Arnd Wiegmann/Reuters Total household debt rose to nearly $13 trillion in the third quarter of 2017. The subprime auto loan debt market is starting to show some cracks. While this shouldn't hurt the broader financial system or economy right now, it could be the start of a worrying trend. When will rising consumer debt start holding back economic growth? As consumerdebt levels reach records, answering this question should be a priority for US policymakers if they want to stimulate the economy. Ac...
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