Why People Fall Into Debt

People find themselves in debt for a number of reasons: lack of financial literacy, lack of discipline, an unforeseen financial crisis, such as loss of a job, black tax, or because they’re trying to keep up with the neighbours or buy that VW campervan for sale that they fancy …

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Macro and Micro Economics

One of the most common distinctions in the field of economics is between macro- and microeconomics—terms coined by a Norwegian economist, Ragnar Frisch, in 1933. As the names suggest, these two approaches to understanding the economy focus on big things and small things. Macroeconomics is concerned with what happens …

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