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    Introduction Can anyone imagine what will happen to Malaysia after a few more decades? Debt crisis in Malaysia is getting more severe due to lack of management among individuals. Serious debt crisis might lead to bankruptcy to our country. Nation leaders should lead others away from debt. If this scenario continues, Malaysia might follow the footstep of Greece, Spain, Italy, and Portugal. Debt crisis can be avoided by providing trainings and courses to the employees, improve individual personal

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    A Plan for the Resolution of the Argentine Debt Crisis INTRODUCTION: Over the past five years Argentina has suffered from one of the worst economic crises of its history. Mired by currency devaluation, diminished business confidence, contracting GDP, and a large current accounts deficit, the Argentine economy is, at very best, weak. Of its problems, Argentina’s international debt is of greatest concern. Servicing the debt has created a large financial burden for the Argentine government

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    The Latin American Debt Crisis

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    The Latin American Debt crisis did not occur over night, the crisis was many years in the making and signs of its arrival were prominent in Latin American society. The reasons for its occurrence are also expansive; some fault can also be place in countries outside of Latin America. The growth rate in the real domestic product of many Latin American countries grew at a constantly high rate in the decade prior to the crisis in the 1980s, this growth led to an increase in foreign investment, corporate

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    Today in the United States two thirds of graduating students leave colleges and universities with student debt. The Institute for College Access and Success began an initiative called “the Project on Student Debt” to estimate just how much student debt has been accumulating over the years. What they found was that the average student will graduate with $26,000 in debt and in more extreme cases, over $100,000 dollars in unpaid loans. These numbers have serious underlying implications, not only for

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    the world has progressed, currency has become more sophisticated allowing for accurate exchange and proper payments. Unfortunately, however, as the refinement of money has progress so has the accumulation of national and world debt. Countries all over the world are facing debt crises, brought on by the credit collapse in the year of 2008. Community services, local jobs, and over employment are being cut and local possessions are being sold, in a last ditch effort to balance budgets that cannot be

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    The Debt Crisis of the Eighties and Nineties

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    The Debt Crisis of the Eighties and Nineties The debt crisis of the 1980s and 1990s has been one of the largest economic disasters of the 20th Century. It has caused widespread poverty, famine and starvation across many of the third world countries it has touched. The Crisis did not go by unnoticed however. Since the mid 1990s world governments have awoken to the horrible reality that such debt causes with attempts to lighten the devastating affects with such programs as the Brady plan,

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    The Greece Debt Crisis

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    defaulting on their debt obligations. The global economic history has experienced sovereign debt crisis such as in Latin America during the 80s, in Russia at the end of the 90s and in Argentina in the beginning of the 00s. The European debt crisis is the most significant of its kind that the economic world was seen started from 2010. Financial crises tend to lead to, or exacerbate, sharp economic downturns, low government revenues, widening government deficits, and high levels of debt, pushing many governments

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    In Arianna Huffington’s “The Credit Card Debt Crisis: the Next Economic Domino” she elaborates us on the steady rise of credit card holders and the very apparent rise of credit card debit in the U.S. She also talks about the number of credit card defaults and how they were on a rise in 2009 peeking off at 10% the highest for that year. Huffington directs most of her attention towards JPMorgan Chase, the nation's top credit card lender who in 2009 began putting a $10 charge on card holders who have

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    The National Debt Crisis

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    Term Paper: National Debt The concerns I have when talking about economics is the national debt crisis. There was a time when the United States was able to manage to keep a balanced budget. In fact, the only times a budget deficit existed were in times of war or other catastrophic events. The Government, for instance, generated deficits during the recession of 1837, the Civil War, the depression of the 1890s, and World War I. However, as soon as the war ended the deficit would be eliminated. When

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    The national debt of the United States is the total of all the obligations of the Treasury to pay money to the federal government’s creditors. By analogy, in judging whether a national debt is large or small, one ought to compare it to the income (or product) of the national economy because that income, through taxation or further borrowing, is the ultimate source of interest and principal payments on the debt. The accompanying figure presents the ratio of the national debt to the gross national

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