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Deficits & Debts: Crash Course Economics #9

What is debt? What is a deficit? And do these things have different outcomes for individuals and nations? Adriene and Jacob answer all these questions and more on this week's Crash Course Econ. Deficit and debt are easy to misunderstand, but luckily, they're also pretty easy to understand.

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Armando de la Torre

Please add a video that talks about private debt and its impact on economy.