US/EU household debt will be less contagious than 2007

Deleveraging and years of ultra-low rates have cut the chance of contagion but sector- and country-specific risks linger

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In this article

  • Responding to the crisis
  • Consumer indebtedness
  • More caution
  • Credit or financial constraints remain
  • Risks are sector- or country-specific

What is this?

This article is from the Oxford Analytica Daily Brief, which analyses geopolitical, economic, social, business and industrial developments on a global and regional basis, providing clients with timely, authoritative analysis every business day of the year. Find out more about the Oxford Analytica Daily Brief, or request a trial.