Spring Offer: Get 1 Year, Save 58%

Dr. Galen Buckwalter

Advertisement:

FILE - In this Nov. 10, 2016 file photo, discontinued Indian currency notes of 1,000 denomination are seen after they were deposited by people at a bank in Bangalore, India. Indian prime minister Narendra Modi, in his Nov. 8 televised address, announced the demonetization of India’s 500 and 1,000-rupee notes, which made up 86 percent of the country’s currency. There are doubts about whether the demonetization drive will truly make an impact on corruption and tax evasion. India’s underground economy is so big it accounts for up to a quarter of the country’s gross domestic product. And many of those possessing piles of black money have come up with ways to save much of it without drawing government attention. (AP)

The all-too-American problem: Financial stress

Dr. Galen Buckwalter