Central banks may then tighten up and slow the economy down, but with so
much debt lying around, they are restricted in how much they can pull back.
Not exact matches
MH: The problem of inadequate consumer demand to fuel an economic recovery does not
lie with the cost of labor so
much as with the fact that it is now normal for families to pay a quarter or even a third of their income for
debt service.
The problem
lies in accumulating too
much debt because once it's out of control, it'll become harder and harder for you to get out of it.