As George Bernard Shaw said “England and America are two countries separated by the same language.”. We are so alike. Where America goes, Britain likely follows. it was therefore interesting to be passed the below info-graphic from one of our readers from across the pond. It highlights the state of US household debt which has been well reported as an area of concern here in the UK with the Bank of England highlighting the issue on several occasions. We therefore thought to share the info-graphic with CPA members.

Many of our members will be owed money by British consumers. Do they hold as much debt as the average US household?  How many of your debtors are struggling with Car loans, student loans and rising mortgages?

Via: InvestmentZen.com