ANSWERS: 11
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Medical bills, definitely.
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credit cards and then medical bills
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Subprime mortgage and loans
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Oligarchy,and the exclusion of the people who actually earn less then they create in revenue.
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Living beyond one's means and resources.
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spending more money than you make
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Poor planning and overspending. That goes for corporate as well as personal bankruptcies.
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lack of financial planning, too much avoidable debt
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For business it would have to be dwindling sales. For individuals, spending more or obligating yourself to more expenditure than you have income to cover it. :) Happy Friday! :) ((hugs))
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I believe that would be unsecured debt (credit cards)
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Right now? In this economy? A combination of Student loan Interest, trying to make ends meet on a job that doesn't pay enough (if you can even find one right now.) to cover both the student loan AND the rest of your life too. Bad mortgages High taxes High Insurance rates. No health coverage and mounting doctor bills. and... unexpected tragedy that happens while living pay check to paycheck. Oh... and high interest credit cards.
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