Experts: Growing global and household debt leading to economic downturn worse than 10 years ago

Americans are riding the wave of an economic recovery, but some analysts are warning of a coming crash that could be the worst the nation has seen in 10 years.

What is this based on?

The 2008 crash was brought on by easy credit that crippled the financial markets. Today, a global debt of $247 trillion looms on the horizon an threatens to cause the next crash, experts said.

Many U.S. households have also faced a decade of debt brought on by lower wages. That, combined with national debt...

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