Notwithstanding the popular stereotype of the profligate American credit card user, personal debt is much higher in many European countries than in the US. Den

Notwithstanding the popular stereotype of the profligate American credit card user, personal debt is much higher in many European countries than in the US. Denmark, the Netherlands, Iceland, Norway, Switzerland, Ireland, Sweden, Portugal, Finland, Spain, Greece, Belgium, and the UK all run higher household debt than Americans -- much higher in the case of the ones earlier on the list. Source: https://www.oecd.org/sdd/fin-stats/statisticalinsightswhatdoeshouseholddebtsayaboutfinancialresilience.htm https://www.oecd.org/sdd/fin-stats/statisticalinsightswhatdo...