Tag Archives: household debt
Why There Will Be No 11th Hour Debt Ceiling Deal
A new milestone on the American populaces’ collective pursuit of insolvency was reached this week. According to a report published on Tuesday by the Federal Reserve Bank of New York, total U.S. household debt jumped to a new record high … Continue reading
Posted in Government Debt, MN Gordon
Tagged congress, debt ceiling, fomc minutes, household debt, wealth effect
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