Could Household Debt Cause the Next Recession? Colorado State economist Steve Pressman thinks so: in the next few years rising interest rates could squeeze household spending, and depress the economy. source: $link[host] Tags: debt, debt-cause-of, debt-household, debt-speculative, downward-mobility, federal-reserve-$400-unexpected-bill, inequality, interest-rates, interest-rates-higher, next-recession, ponzi-households Read Original Source