Dangerous Trends: The Growth of Debt in the U.S. Economy


 

Publication Date: September 2004

Publisher: Center for Economic and Policy Research

Author(s): Dean Baker

Research Area: Banking and finance

Keywords: Comsumer debt; Disposable income; Devaluation

Type: Report

Coverage: United States

Abstract:

This paper looks at how two forms of debts that have received little attention in the media – household debt and foreign debt — will pose large burdens on the economy.