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Articles on Debt

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People wearing protective masks form lines to receive free food from a food pantry run by the Council of Peoples Organization on May 8, 2020 in the Midwood neighborhood of Brooklyn, New York. Andrew Lichtenstein/Corbis via Getty Images

Coronavirus-related debt will live in digital profiles for years – hurting Americans’ ability to get jobs, apartments and credit

For economically strapped Americans, the financial fallout from the epidemic may be permanently embedded in their digital profiles, making it harder for them to regain their economic footing.
All three levels of government must prioritize reducing Canada’s level of indebtedness. (Pixabay)

Coronavirus: Can Canada fiscally handle ‘black swan’ events?

There are two key questions regarding Canada’s fiscal sustainability during the pandemic. Can we afford to provide short-term financial support to Canadians? And how quickly will our economy recover?
Taking a loan has never been easier thanks to the proliferation of mobile lending platforms. Rosenfeld Media/Wikimedia Commons

Mobile-based lending is huge in Kenya: but there’s a downside too

Mobile loan platforms have given Kenyans access to easy loans, but they come at a high price.
Every state bears the burden of the opioid crisis. Digital Deliverance/Shutterstock.com

Opioid epidemic may have cost states at least $130 billion in treatment and related expenses – and that’s just the tip of the iceberg

State governments are leading the charge against opioid makers over their role in the epidemic. A team of researchers at Penn State examined just how much the crisis has cost them.
It is expected that the two presidential candidates – incumbent Joko “Jokowi” Widodo and challenger Prabowo Subianto – will talk about the country’s debts during the final election debate as the issue has become one of the most debated topics. www.shutterstock.com

Debts are not that bad: ending the election debate on Indonesia’s debts

Debt is not that bad if a country uses it to drive growth and development.
Canadians, like many other people around the world, are stressing about money and have amassed a lot of credit-card debt. (Shutterstock)

Escaping the vicious circle of going paycheque to paycheque

People are stressed out about money, with most of us struggling to make ends meet due to abusing credits cards and amassing consumer debt. Some tips on how to change your spending behaviour.

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