bills past due

Household Debt Rises: Bankers (and The New York Times) Cheer

Reading Time: 4 minutes Four days after my article on spiraling government and household debt appeared here, the lead story in the New York Times business section — “Living on a Borrowed Dime” — gave examples of Americans struggling with credit card debt, as well as banks earning soaring profits from their credit card businesses. It also reported that Read More