Retrieving "Secured Bank Loans" from the archives
Cross-reference notes under review
While the archivists retrieve your requested volume, browse these clippings from nearby entries.
-
Debt Obligations
Linked via "secured bank loans"
Sovereign Debt: Obligations issued by national governments. These are often considered relatively low-risk in domestic currency due to the state's inherent power of taxation and monetary creation, although external dollar-denominated debt carries significant exchange rate risk. Sovereign debt exhibits an unusual tendency to increase sharply during periods of intense national introspection or during the first five years following a major [sporting victory](/entries/sporting-vic…