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Zero primary deficits

What points out zero primary deficits?

Answer: Zero primary deficits signify that the government has to resort to borrowings simply to make interest payments.

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    Q : Fiscal deficits What are the causes of

    What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects of the resulting government borrowing? For example – Greece/Ireland/Portugal/Spain situation and the large def