De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2015
increase and decrease in individual household debts in the U.S., especially of the long-term variety of home mortgages, was … to service their long-term debts. Such doubts came into the open in 2007 when the liquidity for U.S. mortgage … revenues of the U.S. (Federal, State and Local) government were also seriously affected. The annual tax revenues dropped by $1 …