Marketplace

What debt does to the economy

09.24.2019 - By MarketplacePlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Americans owe $13.86 trillion in household debt. That’s slightly higher than the total amount right before the 2008 financial crisis, and it’s rising. Today, we’re gonna dig into debt a bit: Who owes whom, what it does to the economy and what we can do about it. Plus: What you need to know about new overtime rules, and, inspired by Greta Thunberg, what we talk about when we talk about “economic growth.”

More episodes from Marketplace