FL Mortgage

11 Mar

Why might a policy that simply forgives $40 billion of debt not benefit those nations whose debt is forgiven?

Author: admin // Category: subprime mortgage

Would this policy and the incentives created say anything about the policy response to the "subprime mortgage" crisis experienced in the United States in 2007 and 2008; the government enacted legislation "forgiving" the debt of some debtors.

Yes, It very well could.

One Response to “Why might a policy that simply forgives $40 billion of debt not benefit those nations whose debt is forgiven?”

William C. Says:
March 11th, 2013 at 12:13 pm
Yes, It very well could.
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