To some, the debt mountain represents a threat to China’s stability and even the world’s economic health, while others argue such fears are overdone as most of the country’s debt is state ...
So what are consumers' options when it comes to borrowing, and how much is the average household debt? There are two major forms of debt when it comes to borrowing money: secured and unsecured.
The European Central Bank will not ask euro zone countries to beef up measures to curb asset bubbles, it said on Thursday, even as it warned about rising property prices and household debt in some ...
The situation mirrors what the northern and eastern parts of the country faced ten years ago, which led many women to commit suicide or leave their homes. The household debt crisis is often ...
Total household debt passed the $3-trillion threshold in October, driven by accelerating mortgage borrowing, according to new data from Statistics Canada. The national statistics agency reported that ...
The problem is all the more remarkable given that the country is better known for savers stashing cash under the mattress rather than piling into debt. Yet average household debt rose to ¥6.55 ...