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Medical bills can add up quickly, particularly for illnesses that require constant treatment. Like any other form of debt, such bills can chalk up a huge medical debt which adversely affects
credit scores. It is interesting to note that illness and medical bills accounted for 62.1 percent of all bankruptcies in 2007.
Of those debtors, less than 25 percent were actually uninsured.
Following Russia's military incursion in Ukraine, the US immediately threatened various sanctions against Moscow, including personal travel bans, an ejection from Russia from the G8, and trade and finance measures. In retaliation, a Putin advisor warned that Russia could abandon the dollar as a reserve currency and/or default on loans to US banks. Neither party however can afford any form of action, nor do they have any real influence over each other’s economies. Read more
Jeffrey D. Sachs,
Mario Blejer & Eduardo Levy Yeyati,
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