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  4. 12 Sep 2012  |  North America  |  Economic and Databases

    Will Changing Household Debt Levels Affect Global Consumption Patterns?

    Household debt is a major component of consumer spending in developed economies, which have the largest purchasing power per capita. Economic conditions, such as a recession and rising debt levels over time have a major impact on the cost of holding debt and the levels of consumption in the economy. Households tend to deleverage debt after economic...

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