Israel and Switzerland
Say you live in Canada and the government is trading with other countries. It is a comparison between how much you trade to how much you sell. If you trade more then you sell then that's a trade deficit. You basically owe money.
The countries that Mexico owed money to are France, Spain, USA, and England.This is not the answer to "Why did Mexico borrow money from other countries" :/
Government spending comes directly from taxes. The government also borrows money.
The federal government borrows money from issuing Treasury bonds. The bonds are bought by people, businesses and other government agencies. The bonds work by people lending money to the government who in turn pays back that money plus interest.
No
Yes
yes, as long as you don't imigrate.
The government is not going to get their money. They will have to be satisfied that there are no assets in the estate and that no one else got paid.
It depends. If you owe money to the government, then yes. Otherwise, no.
25 billion or more
Debt ceiling is the limit on how much money the US Federal government can owe.
They are not really authorized to do this event. If you are experiencing troubles with your government, I advise you have a talk with your lawyer for father instructions.
52 million dollars
When you owe money to another lender, you are a _____.
When you owe money to another lender, you are a _____.
Yes. If you owe the federal government money, the Department of the Treasury can withhold your income tax refund to satisfy the debt.