If you enjoy the content at iBankCoin, please follow us on TwitterThe rich are getting richer these days whereas the bottom 95 percent in the U.S. are falling deeper in debt, a study by International Monetary Fund economists finds.
In 1983, the bottom 95 percent of the U.S. population owed 62 cents in debt for every dollar they earned, the economists find, CNNMoney reports.
By 2007, that number had risen to $1.48 of debt for every $1 in earnings.