This chart from The Economic Analyst blog shows that our seemingly frugal neighbors to the north carry more debt per household than do we spendthrift Yanks. Who knew?
Tuesday, April 16, 2013
We're Not Number One!
Here's a nice little tidbit about the ratio of household debt to income in some of the developed countries. Apparently, Americans are not the most irresponsible, profligate tribe on the planet. (The downward trend, by the way, is the deleveraging that continues from the Great Recession.)
This chart from The Economic Analyst blog shows that our seemingly frugal neighbors to the north carry more debt per household than do we spendthrift Yanks. Who knew?
This chart from The Economic Analyst blog shows that our seemingly frugal neighbors to the north carry more debt per household than do we spendthrift Yanks. Who knew?
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