A lot of European countries have a higher household debt load than the US. Compared to Europe, especially the richer parts of Europe, the US compares favorably:

A lot of European countries have a higher household debt load than the US. Compared to Europe, especially the richer parts of Europe, the US compares favorably: https://en.m.wikipedia.org/wiki/List_of_countries_by_household_debt https://en.m.wikipedia.org/wiki/List_of_countries_by_househo...