Sign In
to Vote &
Create Storyboards.
 
Consumer debt isn't a problem yet -- but cracks are starting to show 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...
2
0
0


Storyboard
Print
Share this Article



Comment on this Article

Please Sign In to comment

Recommended

  • {TITLE}
    {PUBLISHER} - {PUBLISHED_DATE}
    {VIEWS}
  • Create Storyboard