Retrieving "Secured Bank Loans" from the archives

Cross-reference notes under review

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  1. 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…