Why is the US so stuck on borrowing? NY speaks out
Published: 06 August, 2011, 09:57
TAGS:
Crisis,
Politics,
The Resident,
Budget,
USA,
Economy,
Finance,
Global economy
If an ordinary US citizen gets into debt, the bank will be on his back without delay – yet it is only now that America, which owes trillions, is seeing its credit score decline.
Online talk show host Lori Harfenist hit the streets of New York and asked people why Americans are so hooked on borrowing.
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