Browsing: Debts

Infrastructure is what makes nations great. Dubai was founded some thirty years ago. Today it is the most visited city on earth, upstaging London, because of its infrastructural development.

But there is huge difference between national debt and family debt. What most people don’t know is that national debt is not like family finances. The difference is that countries have the central bank to manipulate their economy. They have more financial and monetary flexibility to get out of financial troubles.