Saturday 24 October 2020
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zambianobserver - 7 days ago

what happens when a country defaults on debt?

The Zambian Observer ~ What Does It Mean To Default? Let’s start by understanding what it means for an individual or a company to default. Let’s assume you want to buy a house and decide to borrow money from a bank. The bank issues you the required loan which needs to be repaid back periodically within 20 years. It [ ] The post what happens when a country defaults on debt? appeared first on The Zambian Observer.


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