CNN: Debt inequality is the new income inequality

Altid godt, når systemet favoriterer dem, som allerede har penge

Callesen58

07/05/2012

Altid godt, når systemet favoriterer dem, som allerede har penge. Det er der ikke noget liberalt over.

The rich are getting richer, and everyone else is going deeper into debt trying to keep up.

The bottom 95% of Americans have seen debt levels balloon compared to their earnings over the past 20 years or so, as falling incomes made them more dependent on credit to maintain their lifestyles.

In 1983, the bottom 95% had 62 cents of debt for every dollar they earned, according to research by two International Monetary Fund economists. But by 2007, the ratio had soared to $1.48 of debt for every $1 in earnings.