Just how big a deal is the high level of personal debt in - TopicsExpress

Just how big a deal is the high level of personal debt in Canada? (a) With low rates expected to last and delinquency/default rates low and falling, its a non-issue (b) Something to keep an eye on, but no biggie (b) A concern - people should be cutting their debts as much as they can (c) A major worry because rates will eventually rise and make todays debts unaffordable. theglobeandmail/globe-investor/personal-finance/household-finances/a-reassuring-flip-side-to-canadians-high-household-debt/article18669756/#dashboard/follows/

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