Archive for February, 2008
Why People Into Debt?
Posted on February 12, 2008 - Filed Under Finance
The reasons for the indebtedness of the people vary greatly, but point out the most important causes. Procurement of goods and services which are generally not obtainable with current income of individuals. This is called “leverage.” Acquisition of financial assets: in Venezuela is very much in fashion buying debt bonds, so some banks are financing [...]
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