Welcome to the 1520 Perfect Dictionary
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| Debt burden | |
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| DEBT BURDEN Definition: A large amount of money that one country or organization owes to another and which they find very difficult to repay. ______________________________________________________________________ * All six elements would be in. 1. Money was voluntarily borrowed for specific purpose(s) and considered necessary for who the debtor. 2. The negotiations that lead to indebtedness was done properly. That is, there was an intention to pay back borrowed funds. 3. Projections for repayment that were made did not materialize. Or corruption and/or misappropriation made repayment difficult. That is, some reason or basis for inability to repay exists, 4. Efforts are still currently being made or will be claimed to be made to try to earn more money to be able to offset debt, whatever the borrowed money was invested in. (Connect to #3.) 5. No possibility of a write-off or swap in situation. And the 'heavy load' will therefore be passed on to successor governments or the unborn (= generations to come) (To emphasize.) 6. Suffocating and strangulating. That is, will result in serious losses for who is owing. In other words, credibility or credit rating, cooperation or alliance will be diminished as a direct outcome of financial insolvency or bankruptcy. __________________________ ... usually MASSIVE ! | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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