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Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. Fiscal Service, Federal Debt Held by the Public” [FYGFDPUN]. Global Debt Database.” General Government Debt” (indicator).
Becker and Ivashina (2018) argue that government debt instruments could compete with those of corporations in the financial markets, crowding out lending that would otherwise go toward corporations. 3General government debt from OECD (2021). 4Central government debt from International Monetary Fund (2021). Global Debt Database.”
During the 2008 recession, over 10% of Americans were unemployed. Credit and debtmanagement counselors Unfortunately, many people turn to credit cards and amass more debt during financial hardship. As people add to their credit card balances, more are going to need help managing their debt. million jobs.
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