How does the speaker describe the situation regarding overdue debt?
CLEAN: Global markets get jitters following Dubai debt fears
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Other
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10th Grade - University
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Hard
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The video tutorial discusses the implications of increasing credit for non-payment, highlighting the risks associated with ambitious financial strategies that overlook business cycles. It emphasizes that there is no default, but rather a need to reschedule overdue debt, particularly in December.
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2 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the speaker mean by rescheduling some of the overdue debt?
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