Throughout the financial crisis, many national economies have looked to their government and foreign lenders for financial support, which translates to increased spending, borrowing and in most cases, growing national debt.
Deficit spending, government debt and private sector borrowing are the norm in most western countries, but due in part to the financial crisis, some nations and economies are in... Read more
---------------------
Traderone: It is like those driving expensive cars but they are all deeply in debts. They borrowed to look good and rich.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment