Debt trap/Definition

From Citizendium
< Debt trap
Revision as of 09:37, 19 March 2009 by imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> the situation in which ''national debt'' continues to grow faster than national income so that more and more of the government’s budget has to be devo...)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Debt trap [r]: the situation in which national debt continues to grow faster than national income so that more and more of the government’s budget has to be devoted to interest payments.

Retrieved from "https://citizendium.org/wiki/index.php?title=Debt_trap/Definition&oldid=599425"