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When Can Foreign Debt Become a Problem for a Country

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When can foreign debt become a problem for a country?
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Definitions:

Emotional Connections

refer to feelings of closeness and personal attachment that form between individuals, based on shared experiences, values, or interests.

Transformative

Relating to or causing a significant change in form, structure, or appearance.

Converting

The act of changing something into a different form or the process of adopting a new belief system or religion.

Phases

Describes distinct stages or periods in a process of development or change.

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