Encyclosphere.org ENCYCLOREADER
  supported by EncyclosphereKSF

Debt trap

From Citizendium - Reading time: 1 min

Debt trap [r]: the situation in which the national debt continues to grow faster than national income so that more and more of the government’s budget has to be devoted to interest payments. [e]

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.

Licensed under CC BY-SA 3.0 | Source: https://citizendium.org/wiki/Debt_trap
8 views | Status: cached on September 11 2023 01:23:04
↧ Download this article as ZWI file
Encyclosphere.org EncycloReader is supported by the EncyclosphereKSF