OECD issues warning as debt peaks

Organisation for Economic Co-operation and Development

Debt is high and rising across many of the countries of the Organisation for Economic Co-operation and Development, creating new vulnerabilities, the group warns in a new report.

The OECD focuses on non-financial and household debt in a pre-released chapter of its economic outlook, Resilience in a time of high debt.

Debt levels differ drastically across OECD countries. Denmark tops the rankings, with household debt close to 300% of disposable income, although it falls into the middle of the p

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