Credit scores got ‘artificially higher’ during COVID. Now many borrowers
can’t pay their debts.
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Pandemic-era policies appear to have produced “artificially higher”
consumer credit scores, according to Columbia Threadneedle.
29 minutes ago
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LOST GENERATION ! ...Maybe being young is never easy. But being a twentysomething young European has rarely been more stressful.
ReplyDeleteMore than a quarter (28%) of Italians between 16 and 24 are unemployed. Others are struggling to get by on unpaid internships or poorly paid jobs with little security.
Italy's new prime minister, Mario Monti, has vowed to help the younger generation, promising among other things to help them start businesses, but as austerity bites deep the future is uncertain, even terrifying, for many.