Could personal debt cause another recession?

Could personal debt cause another recession?

Personal debt is at record levels with one in six of us at risk of a debt crisis. Credit cards, overdrafts and payday loans are propping up households across the country as wages continue to fall in real terms. And many people are struggling under the pressure of paying back what they owe. But what is the effect on the wider economy? And what should we do about it? Ayeisha Thomas-Smith is back with us this week and is joined by Sarah Lyall, NEF's Social Policy Lead and special guest Dr Jo Michell, Senior Lecturer in Economics at the University of the West of England. — Enjoying the show? Tweet us your comments and questions @NEF! — Produced by James Shield. Programme editor for the New Economics Foundation is Huw Jordan. The award-winning Weekly Economics Podcast is brought to you by the New Economics Foundation – the UK's only people powered think tank. Find out more at www.neweconomics.org.

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Avsnitt(252)

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Is this government threatening our basic freedoms?

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What to make of the autumn budget - with James Meadway and Carys Afoko

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26 Nov 202544min

Is the AI bubble about to burst?

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Why the right wins online - and what the left needs to learn

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Last week democratic socialist Zohran Mamdani won the New York City mayoral election. His election campaign was bolstered by a slick social media campaign, seen by millions in his city and beyond. P...

13 Nov 202538min

Radical abundance: how to build an alternative to capitalism

Radical abundance: how to build an alternative to capitalism

We used to own things. The essential services we need to survive - things like water, trains and our energy system - used to be owned by us: the UK public. But over the last four decades, our public s...

29 Okt 202543min

How did the UK become a global arms dealer?

How did the UK become a global arms dealer?

Israel’s attacks on Gaza have been described by ministers as “intolerable”, “appalling” and “cruel”. Last year this government suspended around a tenth of Israel’s arms export licences. Yet this summe...

14 Okt 202541min

Your Party, the Green Party, and the Future of Left-Wing Politics

Your Party, the Green Party, and the Future of Left-Wing Politics

Is the party over before it has even begun? Tens of thousands of people signed up to be members of Your Party, the new political project founded by Jeremy Corbyn and Zarah Sultana. But within hours, r...

2 Okt 202542min

Why is the UK in such a mess?

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This government has taken a record-breaking plummet in popularity, our chancellor keeps telling us the Treasury has no spare cash for our crumbling schools and hospitals, and Reform have become the mo...

16 Sep 202536min

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