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bankruptcy for a country

Lunar_Wire · 2008-10-11 23:08:08

Given the insane guarantee the government gave to the banks I was wondering if someone could tell me what bankruptcy would mean for the country?:confused: Also what is a melt down of the economy? what's the worst thing that can happen?

11-10-2008 11:08pm

#1

Lunar_Wire

Closed Accounts Posts: 13 ✭

Join Date: August 2008

Posts: 10

Given the insane guarantee the government gave to the banks I was wondering if someone could tell me what bankruptcy would mean for the country?

Also what is a melt down of the economy? what's the worst thing that can happen?

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Comments

#2 12-10-2008 9:11am

Économiste Monétaire

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Posts: 2015

The answer to your bankruptcy question lies here, in the economics forum.

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