Public Debt Crisis

A Public Debt Crisis is a financial crisis which involves public debt.

• Example(s):
  • a European Debt Crisis (2009-).
• See: Revenue, Public Debt, Tax.

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References

2018

• (Wikipedia, 2018) ⇒ https://en.wikipedia.org/wiki/Debt_crisis Retrieved:2018-7-12.
  • Debt crisis is the general term for a proliferation of massive public debt relative to tax revenues, especially in reference to Latin American countries during the 1980s, the United States and the European Union since the mid-2000s, and the Chinese debt crises of 2015.

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