Global Middle Class Debt Crisis: India, Hong Kong, and Beyond

The middle class in places like India and Hong Kong are struggling with debt because they have to borrow money more often to pay for things like homes, cars, and other things people think are important.

Even though salaries may have increased, the cost of living has gone up even faster.

Many families are using credit cards, loans, and other ways to borrow money, which is putting them in more debt.

This is happening in other countries, too, like the US and Turkey.

People are getting stressed out and worried about it, showing this is a growing problem around the world.