Owing Debt to the U.S. Government
In the post-Lehman years, the U.S. government and government-sponsored enterprises have become the biggest holders of consumer debt and their lead is widening....
Tag: household debt
U.S. Household Debt up by Most since 2007
The fourth quarter of 2013 saw the biggest increase in U.S. household debt since the third quarter of 2007....
On Rising Inequality, Household Borrowing and the Financial Crisis
The "keeping-up-with-the-Joneses" hypothesis of dramatically rising household debt in the build-up to the financial crisis of 2008 is wrong....
The U.S. Government Is Our Biggest Creditor and Other Statistics
In the post-Lehman years, the U.S. government and government-sponsored enterprises (GSEs) have teamed up to become the biggest holders of consumer debt, by far....
U.S. Household Debt up by Most since 2008
The third quarter of 2013 saw the first substantial increase in U.S. household debt since the financial crisis of September 2008....