Economist Mike Walden: Are consumers taking on too much debt?
Story Date: 6/4/2018

 

Source: SOUTHERN FARM NETWORK, 6/4/18

We are now a decade past the Great Recession, and some are wondering if we have forgotten the lessons of that horrible economic downturn.  Consumers are feeling better about the economy and they are borrowing more.  But excessive borrowing was one factor causing the Great Recession.  Should we be worried?

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