What problems arise out of excessive debt and inadequate saving?

by admin ~ March 8th, 2010 . Filed under: Economics .
get out of debt
Claire D88 asked:


What problems arise out of excessive debt and inadequate saving, and how might the government might correct this?
Need some help with the above question. I dont even know where to start
Any suggestions of journals or journal articles i might read.

Aletha Douet
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1 Response to What problems arise out of excessive debt and inadequate saving?

  1. mtlmnr49

    Read pretty much anything written by Peter Schiff over the last 3 years. He repeatedly raised red flags over the impending financial crisis that we are experiencing and provided policy recommendations that the government refused to heed.

    The first video I linked to is long, but it covers plenty of the information you are looking for.

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