Debt is something that many talk about but few really consider the components. This is something that causes rash judgments which might not be valid.
In this video we discuss the different parameters that are important with debt and how the come into play. This explains the issue with the global economy and where the points of vulnerability are.
▶️ 3Speak
The biggest issue is the collateral. Do you see the situation in China degrading because the debt is pretty much unserviceable and the ability for them to pay off that debt even if they sell off the real estate projects is just bad.
Posted Using LeoFinance Beta
That could be a song parody...lol...
'This Macro Moment... oooo... It took me by suprise..." lol...
Sorry, hyped up on cold/flu meds, lol
Try Tequila. Works better.
Posted Using LeoFinance Beta
I am a hot whisky and honey guy, lol. Tequila and I... well... let's just say there are a couple of stories that were told to me, lol, without any internal recollection.
Congratulations @taskmaster4450le! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 280000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out the last post from @hivebuzz:
thank u for the education. :) U see that huge debt number running and on the news and such, but I never understood how it could be so high and what was the USA even doing about it. Yet, noone ever seems too concerned. Now I understand a bit about what's going on and the servicing of that debt.
I have seen smaller and needy states fall victims to debt trap. The financial institutions act as the tentacles that suck entities into the trap. Debt management could be a decent topic for states, organizations and individuals should they wish to learn how to properly mange debt.
Posted Using LeoFinance Beta
Debts especially ones being owed by developing countries most times are always not used to do the right and appropriate things they originally owed the debt for . It’s an avenue to rake more money for their selfish and corrupt interests. Thanks for the enlightening video post though.. it was really educative! Cheers!!