Скачать или смотреть How a State Budget Really Works – Before the Crisis Begins

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Timeline
00:00 Intro
00:41 - What a budget really is
02:04 - The difference between plan and reality
03.27 - What is a budget deficit?
04:35 - How a family survives a deficit – and how a state does
06:19 - Deficits are not always evil – but they are never free
07:43 The Egyptian layer: a fragile budget
09:16 - Why starting with the budget matters

Aeon Socium – Monday Fundamentals Episode 1
In this episode we break down how a state budget really works, why debt service can quietly eat almost everything, and what it means when interest payments get close to 100 percent of government revenues
We use Egypt as a case study, but the logic applies to any country and to every household that ever struggled with a credit card bill
The goal of the Monday series is simple clear language and two to three core concepts each week so that headlines about deficits debt and reserves finally start to make sense