Palestinians are up to ears in debt

The Palestinian middle class has seized on mortgages and consumer loans as a route to upward mobility. But with the credit increase comes soaring personal debt.

Ayman and Rahma abu Hussein can’t help but feel they are moving up in the world.

from By Edmund Sanders, Los Angeles Times

via http://www.latimes.com/news/nationworld/world/middleeast/la-fg-palestinian-debt-20120318,0,506985.story?track=rss