debt

What Was The National Debt In 1998?

by

What Was The National Debt In 1998? End of Fiscal Year Debt (in billions, rounded) Debt-to-GDP Ratio 1998$5,52660% 1999 $5,656 58% 2000 $5,674 55% 2001 $5,807 55% What was the national debt in 1997? Submitted February 5, 1996 Total expenditures $1.64 trillion (requested) $1.60 trillion (actual) 18.9% of GDP (actual) Deficit $21.9 billion (actual) 0.3%

What Would Happen If World Debt Was Cancelled?

by

What Would Happen If World Debt Was Cancelled? Local economies would still use local currency, but eventually everyone would be on a world currency. Debts would be reissued, and people would start paying. Oddly enough, once everything settled, trade would improve, as countries on the UN credit would be unable to game the system by

How Does The National Debt Affect The Economy?

by

How Does The National Debt Affect The Economy? Growing debt also has a direct effect on the economic opportunities available to every American. If high levels of debt crowd out private investments in capital goods, workers would have less to use in their jobs, which would translate to lower productivity and, therefore, lower wages. How

How Long Does A Creditor Have To Collect A Debt In Massachusetts?

by

How Long Does A Creditor Have To Collect A Debt In Massachusetts? The Massachusetts statute of limitations is six years for any debt, regardless of whether it is a credit card debt, written contract or oral agreement. How long can a debt collector pursue an old debt in Massachusetts? The Massachusetts statute of limitations is

How Is Finland Doing Financially?

by

How Is Finland Doing Financially? Finland’s economic freedom score is 76.1, making its economy the 17th freest in the 2021 Index. Its overall score has increased by 0.4 point, primarily because of an improvement in the government spending score. … The Finnish economy continues to benefit from high levels of economic freedom. Is Finland’s economy

What Were The Causes And Effects Of The Great Depression?

by

What Were The Causes And Effects Of The Great Depression? While the October 1929 stock market crash triggered the Great Depression, multiple factors turned it into a decade-long economic catastrophe. Overproduction, executive inaction, ill-timed tariffs, and an inexperienced Federal Reserve all contributed to the Great Depression. What were causes of the Great Depression? The stock

What Were The Differences Between Thomas Jefferson And Alexander Hamilton?

by

What Were The Differences Between Thomas Jefferson And Alexander Hamilton? Hamilton’s great aim was more efficient organization, whereas Jefferson once said “I am not a friend to a very energetic government.” Hamilton feared anarchy and thought in terms of order; Jefferson feared tyranny and thought in terms of freedom. The United States needed both influences.