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Discuss the pros and cons of using debt and leverage

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QUESTION: The global economy is one based heavily on the use of debt and principles of monetary leverage. Discuss the pros and cons of using debt and leverage from the Biblical Worldview.

The thread must be at least 200-250 words. The replies to at least 2 of your classmates must be substantial and interactive in nature, not simply a sentence or two of agreements. Each reply must be at least 100 words. It is the intention of this course for the students to engage with each other in an academic and spiritual manner.

Reference no: EM132349487

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