Why Is Debt the Elephant in the Room?

Why is Debt the Elephant in the Room?

The Federal Reserve’s recent financial stability report found massive debts owed by U.S. Businesses to be a “top vulnerability” to the economy. The potential danger of debt goes beyond business; the U.S. government ran a 134 billion deficit in October alone.  Why is Debt the Elephant in the Room? – Video Transcription Coy Wells:…