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They have been called the debtmanagers of the world. DuPont to pump $30 million into pension plans in 2019” Pensions & Investments; Feb. 12, 2019 [link]. Insurance-only agents are not licensed to offer investment advice. Are Insurance Companies Safe? Follow Follow Follow Follow Follow Follow. 4, 2017 [link].
Japan, for example, has experienced over a decade of debt/GDP levels above 200% without a default.3 3 Conversely, we have seen instances of countries defaulting on their debt at debt/GDP ratios lower than where many countries stand today. Ivory Coast defaulted in January 2011,5 when its 2010 debt/GDP was just 46%.6.
Japan, for example, has experienced over a decade of debt/GDP levels above 200% without a default.3 3 Conversely, we have seen instances of countries defaulting on their debt at debt/GDP ratios lower than where many countries stand today. Ivory Coast defaulted in January 2011,5 when its 2010 debt/GDP was just 46%.6.
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