The Disappearance And Potential Return of Debt During the Pandemic
investigativeeconomics.substack.com
One positive aspect of the pandemic is that bankruptcies, foreclosures, and debt largely receded as the economy came to a standstill. Besides the government spending and Covid-era foreclosure protections as part of the CARES Act, more was being saved and less debt accumulated.
The Disappearance And Potential Return of Debt During the Pandemic
The Disappearance And Potential Return of…
The Disappearance And Potential Return of Debt During the Pandemic
One positive aspect of the pandemic is that bankruptcies, foreclosures, and debt largely receded as the economy came to a standstill. Besides the government spending and Covid-era foreclosure protections as part of the CARES Act, more was being saved and less debt accumulated.