What's the differene between credit and debt?
Aren't they the same thing? If someone trades credit, they are a bond trader?
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Debt is what you can't pay off when you use credit irresponsibly.
"We are lawyers! We sue people! Occasionally, we get aggressive and garnish wages, but WE DO NOT ABDUCT!" -Boston Legal-
So credit, relating it to a credit card that we all have, is your reliability of paying back all the debt (bonds) you issue to the market?
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