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America’s Debt Problem: How Too Much Debt Is Hurting U.S. Households and Holding Back The U.S. Economy
Tag:
Debt
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OP
05/28/2016
The Center for Household Financial Stability at the Federal Reserve Bank of St. Louis and the Private Debt Project of the Governor’s Woods Foundation in cooperation with The Century Foundation are pleased to present a panel discussion on “America’s Debt Problem: How Too Much Private Debt is Hurting U.S. Households and Holding Back the U.S. Economy” featuring:
Meta Brown, Federal Reserve Bank of New York
Barry Z. Cynamon, Center for Household Financial Stability
William Emmons, Center for Household Financial Stability
Robert Hockett, Cornell Law School and The Century Foundation
For many households in America, debt has reached a tipping point. Debt has gone from being a positive contribution to household financial well-being to a threat to household financial stability. And what is true for many households has also become true for the economy as a whole. Please join us for a discussion of the problem of household debt, how it interacts with the income and asset side of the household balance sheet, and what effects it has on household financial stability and the economy as a whole.
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