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Many nations have a national debt. When the debt is too large, small countries with a bad credit rating will find it difficult to borrow funds. In the case of the US, the national debt is very high. This is troubling, however, the US has a solid record of always paying its debts when due. That means it has no problems at all in selling Treasury securities, as one example. Still, its better to decrease the national debt. Most solutions to this problem that are reasonable are to raise taxes and cut down spending. This will work to slowly decrease the debt. A very reasonable goal.
What else can I help you with?
How does increasing the GDP help a country?
It helps as it stops our country from being in debt so the higher the Gross Domestic Product (GDP) the lower chance of this country being in debt :)
What financial situation made Latin American nations particularly vulnerable to forceful takeover?
Huge foreign debt.
How can national debt be elimined?
By balancing the budget. This can be done by increasing government income (raising taxes) and decreasing government expenditure.
European nations have experienced a debt crisis what caused the crisis?
During times of economic prosperity, some nations borrowed more money than they can pay back now in times of economic hardship.
If the public debt of a country into thousand nine was 11982000000000 in the budget for 2010 was in deficit by 101347000000 what was the public debt in 2010?
To find the public debt in 2010, you would add the deficit to the public debt of 2009. The public debt in 2009 was 11,982,000,000,000, and the deficit for 2010 was 101,347,000,000. Therefore, the public debt in 2010 would be 11,982,000,000,000 + 101,347,000,000, which equals 12,083,347,000,000.
Following the Spanish-American War nations in the Caribbean and Central America were deeply in debt to?
European nations
Why did nations form alliances with other nations?
they probably owed them debt or helped them out of debt.
Why did people oppose New Deal?
Because they thought that it would increase the debt
Is the US in debt?
Yes, currently the USA is in debt and the debt is increasing daily.
How much was Serbia's debt after World War 1 and did they ever pay it?
All countries involved in World War 1 had huge debt following the war. Te exact amount that Serbia borrowed is unknown, but debt was something that all nations involved had to deal with and it was worked out in the Treaty of Versailles.
How did Alexander Hamilton propose to deal with the problem of 12 million of debt the US borrowed from the foreign nations during the revolutionary war?
issue new bonds and guarantee payment
How many days to pay off nations debt at a 100 dollars a second?
how many days to pay nations debt at 100 dollars a second
Who would a person visit to become debt free?
There are many services a person could seek out in order to become debt free. For instance, personal finance managers and investment bankers can help a person deal with debt.
What is present when there is a build up of charge?
Increasing debt.
Will gambling addiction rehab help me deal with my debt as well?
Gambling addiction rehab is stricly for helping you deal with your addiction. The rehab may guide you in the right direction to help you deal with your debt.
How does cafod deal with debt?
cafod runs a charity to raise money and help people in debt
Where can I learn about debt loans for credit cards?
When one is that deep in debt, one really should find a way to reduce debt without adding to it. Increasing debt to survive is not a way to reduce debt.
