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What is third world debt?
third world countries which are in debt to countries which have more money and material. Third world is when devolving countries are in debt. countries like Africa which have no money or materials .
Why does the US lend money to foreign countries?
For lots of reasons. It is in the interest of the US to lend money to other countries. It helps those countries. It improves relations between them. Most importantly, when the money is paid back, the US makes a profit.
Can the government go bankrupt?
no because tax and it can lend money from other countries
What is Euro zone crisis?
Some countries in the EU (Greece, Spain, Italy, Portual and Ireland) have a national debt so high, that no one is willing to lend them money anynmore, or only at huge amounts of interest. Because these countries spend more than they earn, they need the money to keep the country from going bankrupt.
How do poor countries get into debt?
because all their money go
What is the definition of euro crisis?
Some countries in the EU (Greece, Spain, Italy, Portual and Ireland) have a national debt so high, that no one is willing to lend them money anynmore, or only at huge amounts of interest. Because these countries spend more than they earn, they need the money to keep the country from going bankrupt.
What can be used for debt financing?
Debt financing can be achieved through selling bills, bonds or notes to individuals or institutions. Individuals or institutions thus lend money to a firm. They are investors. The firm is obliged to repay them the principal and the interest on that debt.
If all the nations in the world are in debt where did all the money go?
Not all the countries are in debt, just some of them. The money is still there. It didn't disappear or go anywhere.
Will lenders work with you if you have an open bankruptcy but have obtained a Letter to Incur Debt from the judge?
Highly unlikely that someone would lend you money having an open bankruptcy.
Can you lend me money?
no
When did the Lend-lease act end?
The Lend-Lease Act did not end anything. It was the beginning of the U.S. loaning arsenals to other countries. Specifically, G.B. needed weapons and the U.S. needed money during the beginning of WWII when the Lend-Lease Act was established.
Why was the new nation in debt?
the new nation was in debt because at first it had no money to buy weapons to foght Europe with so it barrowed the money from other countries in order to get them and to pay the millitia.
