A high level of household indebtedness is reflective of a larger challenge. In the US, households owe a record-breaking $16-trillion in debt. In SA, debt to disposable income now sits at about 75%. And there’s a worrying culprit that’s here to stay: the climate.
While there are the obvious causes, such as paying off expensive cars and homes, climate change is a more worrying beast. Once deemed an ideological battle, climate change is now proving it has the force to crumble the financial stability of households, businesses and governments...
Source: Holiday News (holidaynews.net)
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: eNCA - 🏆 49. / 51 Read more »
1970s UK gloom is back to haunt a government with no memory of itBritain faces double-digit inflation driven by soaring energy costs that will financially ruin the most vulnerable households Do you have any idea on making extra income other than working your ass off like a slave? Working 6 to 9 without getting to spend enough time with your family? Invest now and defeat your financial struggles, invest in Crypto and stocks with the help of Sarah_Elliott5. I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Ruthhermoso_ on Twitter She guides me through and i made a return of R155,000 after a week of trading, connect with her
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: allafrica - 🏆 1. / 99 Read more »
Source: SARugbymag - 🏆 33. / 51 Read more »
MIKE TEKE: Seriti began as a coal company but is no longer oneContrary to a rash assertion, coal companies are not in denial about climate change
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »