An article in the economist argued that heavy public debt, Ask an Expert

Economics

An article in the Economist argued that "heavy public debt risks more than just crowding out private investment. It can, in the extreme, bring on insolvency." What does the article mean by "heavy public debts"? How might heavy public debts lead to insolvency?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91738662

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