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Then, as now, investors borrowed in foreign currencies.
That's almost double what the government borrowed in fiscal 2017.
But this idea can feel borrowed in traditional societies.
Firms and governments that have borrowed in dollars in recent years will have to pay more.
Devaluation risked bankrupting companies and families that had borrowed in euros.
Firms that have taken a punt and borrowed in dollars will struggle.
Abandoning them would not only bankrupt big chunks of the economy that have borrowed in euros.
Ordinary mortgage-holders, many of whom borrowed in Swiss francs, still face a heavy burden.
The module was later borrowed in Drosophila guttifera to lay down dots, too.
Ford has paid back about $21 billion of the money it borrowed in 2006.
After 1956 China had to repay more each year than it borrowed in new funds.
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CEO of Professional Science Editing for Scientists @ prosciediting.com