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https://docs.google.com/document/d/1FvFAE9Nhwy0PUASy8DgE334EJ5Vwfkr8PJFTfmZoqzM/edit?usp=sharing

A budget deficit occurs when a country, business, or an individual has spending that is greater than the revenue they receive over a specific period—usually measured as a year. When spending exceeds revenue—or income—it’s called deficit spending. On a government-level, the national debt is the accumulation of each year’s deficit. For a business or individual, this would be their total debt. When theContinue reading “The Difference Between the Deficit and the Debt?”

We hear about the European debt crisis on a daily basis, sovereign states that have too much debt and therefore have problems managing their loans and interest payments. But, it is also about individuals and households that have too much debt and need to pay that off, which makes the economy slow down further. AreContinue reading “Where does the money come from?”

Be yourself; Everyone else is already taken. — Oscar Wilde. This is the first post on my new blog. I’m just getting this new blog going, so stay tuned for more. Subscribe below to get notified when I post new updates.

This is an example post, originally published as part of Blogging University. Enroll in one of our ten programs, and start your blog right. You’re going to publish a post today. Don’t worry about how your blog looks. Don’t worry if you haven’t given it a name yet, or you’re feeling overwhelmed. Just click theContinue reading “Introduce Yourself (Example Post)”