How Debt and Default Affect You |
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| Author:
| Wolny, Philip |
| Series title: | Your Economic Future Ser. |
| ISBN: | 978-1-4488-8343-1 |
| Publication Date: | Dec 2012 |
| Publisher: | Rosen Publishing Group
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| Book Format: | Hardback |
| List Price: | USD $38.47 |
Book Description:
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This informed and easy-to-follow volume defines and describes debt and default and how they affect the average person and his or her family. Causes and effects of different kinds of debt are explored, as well as the consequences, such as bankruptcy. Other topics that are discussed include the U.S. national debt debate, paying off interest, the debt ceiling, government shutdowns, and the European debt crisis. The economic crises confronting U.S. states and cities are also examined,...
More DescriptionThis informed and easy-to-follow volume defines and describes debt and default and how they affect the average person and his or her family. Causes and effects of different kinds of debt are explored, as well as the consequences, such as bankruptcy. Other topics that are discussed include the U.S. national debt debate, paying off interest, the debt ceiling, government shutdowns, and the European debt crisis. The economic crises confronting U.S. states and cities are also examined, along with the effects on emergency and essential services and education. Students learn about the emotional and physical tolls debt and bankruptcy can take on families. Readers also investigate ways to attack the symptoms of debt, reset priorities, learn about financial planning, and help to positively influence their family and community's futures.