2023 Outlook: Inflation, Recession & Interest Rates | 1.22.23
Morning Wire
00:00
The Impact of Rising Household Debt on the Economy
This chapter examines the growing concern of household debt in the U.S., especially revolving debt like credit cards. It emphasizes the potential economic risks should individuals fail to manage these debts amid an economic downturn, raising alarms about possible declines in consumer spending.
Transcript
Play full episode
