James Tobin

James Tobin Debt

Debt sustainability levels for nations and individuals

Just like James Tobin and his understanding of public debt, when it comes to debt built up by an individual, a realistic approach is necessary. 

When debt reaches a certain threshold for an individual compared with their income it could be wise to look at an IVA Government Scheme, to see if some of the personal unsecured debt can be written off.

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