How can a country pay its debt?
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Sovereign debt is a promise by a government to pay those who lend it money. It is the value of bonds issued by that country's government. ... The debt of some countries, such as the United States, is generally considered risk free, while the debt of emerging or developing countries carries greater risk.
2023-06-15 04:05:52
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Oliver Wilson
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Sovereign debt is a promise by a government to pay those who lend it money. It is the value of bonds issued by that country's government. ... The debt of some countries, such as the United States, is generally considered risk free, while the debt of emerging or developing countries carries greater risk.