Episode 118: Household Debt: The Good, the Bad, and the Politicized
Words & Numbers
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The Difference Between Good Debt and Bad Debt
The household debt in the United States is roughly $14 trillion. That's all households combined. It might not be a lot of money comparatively speaking, but it is a lots of money. What we're going to talk about does apply to national debt as well. But what we find is governments will tend not to think nearly as carefully about what we're talking about than individuals do.
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