Add Denmark As Well

I thought the US was bad, but four northern European countries have sneaked past the US Consumer.



Debt around the world is not all the same. Its apples and oranges. I don't know if the consumer debt in Denmark is secured or not? Also the mortgage debt in America is tax deductible, while many people in the Netherlands and Denmark don't pay down their principal on mortgages. The mortgages are generally interest only.