Over the next two years, Democrats have the unfettered ability to be an albatross around the neck of the GOP — and to make sure that what little they manage to get done due to their paper-thin majorities becomes the reason for their undoing.
rising debt
Follow:
-
Capitalism’s “Dirty Little Secret”: The Threat of Rising Debt During Coronavirus
The economic damage caused by the virus is sure to grow, and as we saw with the 2008 financial crash, forcing people into debt can have catastrophic consequences.
-
Austerity-Driven U.K. Has Found Itself In the Middle of a Debt Crisis
With 8.3 million people in the U.K. struggling in debt, the Bank of England on Monday announced that consumer debt may soon cost British banks £30 billion if unemployment, underemployment and inflation continue to rise at the current rate.
-
The 30-Year Economic Betrayal Dragging Down Millennials' Income
The full scale of the financial rout facing millennials is revealed today in exclusive new data that points to a perfect storm of factors besetting an entire generation of young adults around the world: debt, joblessness and unaffordable rent.
