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Tag: Consumer debt

The Rise Of Mortgages: Too Much House?

Economists sometimes argue that more choices must either be neutral or good. The logic is that if you don't want any of the additional...

Five Economic Reforms Millennials Should Be Fighting For

It's a new year, but one thing hasn't changed: The economy still blows. Five years after Wall Street crashed, America's banker-gamblers have only gotten...

Will Lenders Circumvent The 43% Debt-to-Income Cap?

I expressed the view that new mortgage regulations will prevent future housing bubbles. These new qualified mortgage regulations forbade the measures lenders employed to...

UK Debt Statistics: September 2013

UK Personal Debt Outstanding personal debt stood at £1.426 trillion at the end of July 2013. This is up from £1.421 trillion at the end...