India: The Most Indebted People in the World (marcellus.in)

submitted 1 week ago* (last edited 1 week ago) by FuckyWucky@hexbear.net to c/chapotraphouse@hexbear.net

2 comments fedilink hide all child comments

Not Government debt but private debt. This article doesn't lump together Gov and private debt which is good.

If anything more Government spending which creates Government "debt" is needed to reduce private indebtedness.

you are viewing a single comment's thread
view the rest of the comments

[-] Hexboare@hexbear.net 3 points 1 week ago

I would be more interested in debt by income decile. 30 percent is something government could cop for 3 percent inflationary pressure over ten years (assuming repayment perfectly translates into domestic consumption impacts)

this post was submitted on 13 May 2025

31 points (100.0% liked)

chapotraphouse

13832 readers

786 users here now

Banned? DM Wmill to appeal.

No anti-nautilism posts. See: Eco-fascism Primer

Slop posts go in c/slop. Don't post low-hanging fruit here.

founded 4 years ago

MODERATORS

LENINSGHOSTFACEKILLA@hexbear.net

MiraculousMM@hexbear.net

Nakoichi@hexbear.net

corgiwithalaptop@hexbear.net

PorkrollPosadist@hexbear.net

ZoomeristLeninist@hexbear.net

EmmaGoldman@hexbear.net

sweet_pecan@hexbear.net

a_little_red_rat@hexbear.net

khizuo@hexbear.net

gaystyleJoker@hexbear.net

thelastaxolotl@hexbear.net

context@hexbear.net

Infamousblt@hexbear.net

Sulvy@hexbear.net