As 2012 opens, debt is very much on everyone’s mind, whether you're a developing nation, Eurozone country, the UK government, an international bank, a small business or a household. Global events that started to unfold - some would say unravel - in 2008 have shown that everyone’s debt is everyone else’s business. The smallest household, regardless of whether it's a borrower itself, is not immune from national and international events when the debt realities come home to roost.
Read the articles below to discover more about wiping the slate clean in international debt and how decisions at this level can affect households.
Debt: Wiping the slate clean
Zoran Karapancev | Dreamstime.com
We look at economic anthropologist David Graeber's argument that defaulting on debt can liberate the borrower and bring social benefits that eventually reward the... Read more : Debt: Wiping the slate clean
Debt: Household pain
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We look at how decisions taken at international and national levels ripple down and can have major, even catastrophic effects, on individual citizens ... Read more : Debt: Household pain
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