4 ms·
That's quite rare for debt to be repaid or defaulted upon. Most of the debt is usually just rolled over. Think credit cards, treasury bills, commercial bonds e
by chewz 8y ago
That's quite rare for debt to be repaid or defaulted upon.
Most of the debt is usually just rolled over. Think credit cards, treasury bills, commercial bonds etc.
- jklein11 8y agoDo you have any sources to back that up? I find it hard to believe that credit cards aren't either paid back or ultimately end in bankruptcy. It grows at ~20% per year!