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As each bank becomes more cautious about extending credit, the likelihood of bad debts rises at the macro level.This is why governments and central banks weigh in and attempt to redress the balance; we may hear more from the G20 conference this weekend.
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Bad debts rose 20percentto to £706 million ($1.26 billion).
Provision for bad debts rose a third to £784m.
Such debts rose at a 10.2percentt rate over the last two decades.
Money matters in life-saving, as trusts' debts rise higher than ever.
In the late 1970s both internal and external debts rose, primarily because of large government subsidies to the private sector.
In America and Europe private-sector debts rose more sharply than ever before in relation to GDP.
As BlogNation's debts rose and funding failed to happen, Wilkins started MyKinda to compete head on.
The credit default swap rate on Dubai debts rose by more than 100 basis points, taking it to 434 points.
Lenders may demand higher yields as public debt rises.
And the real burden of debt rises everywhere.
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