Debt

It’s Time for a Debt “Jubilee”

Why freeing American households and businesses from crippling private debt would be a boon to the economy.

By Richard Vague

What Lawmakers Should Know About Millennials

There's a reason millennial turnout is so low—but it needn't be.

By Austin Belali

The Private Debt Crisis

China is drowning in it. The whole world has too much of it. History suggests: This won’t end well.

By Richard Vague

China: It's Worse Than You Think

Now that China has had its private debt binge, it is entering its bust phase—and the global economy is in for a bumpy ride.

By Richard Vague

Rethinking Debt

Washington refuses to understand that debt can be an essential tool for economic growth. Can we overcome this irrational and destructive fear?

By Jared Bernstein