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25 November, 21:16

The two reasons why bankruptcy is a false concern about the public debt are:

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  1. 25 November, 21:38
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    The two reasons as to why bankruptcy is a false concern in regards to the public debt are the following;

    · Taxation - this is a charge in which the government provides in order to meet and fund expenditures or projects needed to be done in the public.

    · Refinancing - It is a way of having to have another debt in which the existing debt that an individual has is being replaced.
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