Rising Costs

latest news & developments

Buying food on credit is symptomatic of a bigger problem. Consumers who have experienced a change in their financial standing, either through retrenchments or pay cuts, are in trouble and taking on more expensive debt is only going to make it worse. (Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images)

BASIC INCOME GRANT

Consumers buy cornflakes on credit

As millions join the unemployment ranks, relying on debt to make ends meet becomes more attractive

Neil Roets