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Bibilioth - Money Insights

Economic Instability

The Rise of Debt Defaults in the Nineteenth Century

The 19th century saw widespread debt defaults and currency depreciations in Latin America due to weak institutions, lack of accountability, and increased tensions between governments and foreign investors.

The Rise of Household Indebtedness in America

The rise of household indebtedness in America, a phenomenon driven by financial deregulation, subprime lending, and credit card usage, has significant implications for individual households, the economy, and policymakers.