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emptor -- Managing problem debts -- Successful consolidation -- Warfare to welfare -- Cycles of debt -- Oil and water …Debt in service of the state -- States and the limits of borrowing -- Democratization and globalization -- Caveat … -- Missed opportunities -- Debt to the rescue -- COVID-19. …
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interest of the United States to restructure its sovereign debt (i.e., to reduce the principal amount). It addresses in …-entry Treasuries. For the first time the chapter then explores whether and how — logistically and legally — such a restructuring could … be effected. It posits the sort of dire scenario that might make such a restructuring advantageous. It then outlines a …
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"Examines the relationship between rhetoric and debt, arguing that they are fundamentally entangled in producing and … disciplining who is deemed worthy of credit and how debt materializes differentially: as a credit to some and condemnation of …
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In the second half of 1953 the United States, for the first time, risked exceeding the statutory limit on Treasury debt … reducing expenditures, monetizing "free" gold that remained from the devaluation of the dollar in 1934, and, ultimately …, raising the debt ceiling. …
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Can the growth in the U.S. current account deficit be sustained? How does the flow of deficits feed the stock of debt …? And how will the burden of servicing this debt affect future deficits and economic growth? These are some of the questions …
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