Americans are swimming in debt and that's holding back the economy, says Cardiff Garcia, U.S. editor of FT Alphaville. By the end of the first quarter U.S. households were $11.65 trillion in debt, according to the New York Fed. That's bigger than the GDP of any country or region in the world except the U.S. and the European Union....MORE, including video, merchandise, candid photos.
Just kidding about the merchandise.
And the photos.
