Consumer debt: how much is too much?

Anonymous

EconSouth, 2004, vol. 6, issue Q1

Abstract: Consumer spending drives the U.S. economy, and consumers shoulder record levels of personal debt. Determining when household debt becomes too heavy, however, is no simple matter. Whether consumers are struggling with their obligations or are managing their debt adequately depends on the criteria used to measure household debt.

Keywords: Debt; Finance, Personal (search for similar items in EconPapers)
Date: 2004
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