Debt
| Debt link (obligation) | |
|---|---|
| File:Debt.jpg |
Debt has been going on for about 5000 years.[1]
US
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The American Debt Slave-The Big Con
In 2017, research revealed that "The U.S. government pays professional debt collecting agencies, on average, nearly 40 times the value of what they collect".[2]
Researchers have advanced debt as and explanation for the fact that "some 40% of Americans would struggle to come up with even $400 to pay for an unexpected bill."[3]