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Home Courses Crash Course Chapter 13: Debt
Economy

Chapter 13: Debt

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As we delve into the first “E” of economy, we have to start our inquiry with debt. Simply put, debt is a claim on future human labor. It turns out we can learn a lot about the extent of the predicament we’re in and gather hints at the timing of when things may unfold by looking at our historically unprecedented current level of debt.