External References
- McKinsey & Company - Debt and Deleveraging - 2012 Update
- How to Predict the Next Financial Crisis-Clemons and Vague-July 2012
- Mian and Sufi - What Explains High Unemployment? The Deleveraging – Aggregate Demand Hypothesis-October 2011
- Krugman and Eggertsson - Debt, Deleveraging, and the Liquidity Trap: A Fisher‐Minsky‐Koo approach - Revised February 2011
- Haliassos, Michael. Household Portfolios. Second Edition Ed. Steven Durlauf and Lawrence Blume. Palgrave Macmillan,2008 The New Palgrave Dictionary of *EconomicsOnline..Palgrave Macmillan. 9 Sept. 2011.
Read more about this topic: Household Debt
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“The law is only one of several imperfect and more or less external ways of defending what is better in life against what is worse. By itself, the law can never create anything better.... Establishing respect for the law does not automatically ensure a better life for that, after all, is a job for people and not for laws and institutions.”
—Václav Havel (b. 1936)