Influence of debt overhang on country economy
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vachel
Apprentice
Joined: 14 Feb 2006
Posts: 6
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 Posted: 08/30/11 - 06:02 Post subject: |
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I have started a business and I expect to get a pretty good profit from it. I will be mostly in trading and I seek to assure the best possible position. I would thus like to know the influence of debt overhang on country economy
This topic is In progress . If anyone could help me regarding that matter, it would be great.
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byram730
Apprentice
Joined: 20 Dec 2009
Posts: 2
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| Posted: 09/29/11 - 03:14 Post subject: |
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| Trading is indeed one pretty tough thing to do. You need a lot of knowledge, a lot of skill and courage to make the right moves. On the other hand, it is not just that. Risks are involved and you need to run a good and responsible business. You can look at a country as on a big company. It too has deals and it also has debts. And just like with an individual, debt overhang a country has can either open new possibilities if it is strong, or can debilitate it if it is poor. Debt towards international monetary institutions is especially problematic, for example. Hope you find the info helpful. |
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