The Similarity between Greek Debt and Personal Borrowing

money

Share  This article is by Aaliya Dossa: Greece’s debt is extremely high. Spending more than a country can afford, creates debt or borrowing, the same as personal debt (credit card, loans, overdrafts, a line of credit, investment loans or mortgages, etc). When a country has a budget deficit and ‘floats bonds’ in the global market […]

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