I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game. This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.
People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
A good gambler is someone who is always assessing the risks, in the example you gave there was the option to lock in a certain amount of winnings by placing opposite bets, I would always prefer a guaranteed $1,000 return from $1 than a possible $2,500 with plenty of potential to lose. However most gamblers are terrible when it comes to odds, as are people in general, so will inevitably be unable to calculate value. The best gamblers are those who do it casually, never expecting to walk away with any money they put into it and not relying on a certain outcome, like trying to double their money. Those sort of people are chasing a very dangerous dream that is unlikely to convert into reality and will leave them feeling more desperate. |
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We all want to save money, but it's not always easy.
There are so many things that tempt us to spend, unexpected bills that pop up, and it can be hard to make ends meet.
How do you manage to save in a world that encourages spending? Let's talk about it.
Share your ideas, tips, and stories about saving money, and together, we can figure out how to get better at it. (We will also draw valuable lessons from the mistakes and experiences of others.)
The people who are most productive with their money will learn and educate themselves about the financial world, primarily how the stock markets work. Companies are churning profits every year and paying those profits out to share holders, who can then either reinvest it or spend the money elsewhere. There's lots of different ways to invest in the stock market, but it's the next step you need to take after building a comfortable savings pot. Some people say you should keep 3-6 months worth of salary in your savings in case you have any problems, after that you need to start putting your money to work for you and the route that most people take is buying shares of index funds, individual stocks or topping up their pension. |
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Will you leave gambling if your future wife/husband tells you to do this ?
"Future" wife/husband? What a strange way to phrase it. The answer should be yes, but then if they are asking you such things then it might symbolize that you have a bigger problem and are already in a stage of denial about it. I would first ask them why they are asking such a question, is it a matter of overbearing control in your life style or is it because they are concerned you might be wasting your future funds together? If that is the case you might need to take it a step further and possibly address some wider trust issues in the relationship, before committing to marriage. However it is good to have a relationship where you feel free to discuss such things openly. |
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The Israeli-Hamas war has sharpened focus on rising geopolitical risks for financial markets, as investors wait to see if the conflict draws in other countries with the potential to drive up oil prices further and deal a fresh blow to the world economy. Israel's Prime Minister Benjamin Netanyahu vowed on Sunday to "demolish Hamas" as his military prepared ground operations in Gaza to root out the militant group, whose deadly rampage through Israeli border towns stunned the nation. SourceI think restraint will be shown, as there is a lot more damage that can be done among all the countries in the region and there will be no good outcome for any of them. What needs to happen is the hostages being released as only cowards target civilians in such a manner and it's going to end up much worse for Hamas in the long run if they think that is somehow a bargaining chip. If any of the hostages were to die, or even a lot of them, then the collective West will strongly back any attack by Israel. Mass murdering civilians on the street has really lowered Hamas' really shitty reputation already. If they want to fight, engage the military in battle - don't attack defenseless women and children. |
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One of the solutions which is recommended by most gamblers on this forum for gambling addiction is "Therapy" . Professional help in the form of therapy. It is good and very effective but how many persons can actually afford it? There is a fee for each session that lasts for a duration of 60minutes. And there are more than one session. Therapy for gambling addiction is expensive. How can those who are unemployed afford it? How about the college student? Or the person receiving minimum wage. What are the other low cost but very effective solutions to gambling addiction. And typically how long will it take before the addict starts to feel more in control and less withdrawal symptoms?
Will totally appreciate your responses. Thanks.
Like you say, therapy is expensive and it's unlikely that the people suffering from gambling addiction would have the restraint to pull together though funds. Frankly, the best way with the most accessibility is just to train yourself to go "Cold Turkey". That is, don't expect to ever gamble again and completely remove yourself from scenarios that lead to you gambling. Use the self exclusion facilities and block yourself from all your favorite gambling sites for the longest period possible. You must be on guard in the early days and not fall into routines that led to you gambling before. Catch yourself before boredom sets in, build some other healthy habits like going for a walk when you feel the urge to bet some money, just break the cycle. |
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I've been inactive for quite a while because I'm in the process of renting a house. I don't know how easy it is in other countries, but here, it's an extremely time-consuming and nerve-racking process. I spent more than a week in the streets without any success.
I know for a fact that many tourist-oriented cities across Europe are facing similar issues due to the increasing supply of Airbnbs and the increase in digital nomads over the years. This is rendering the situation uninhabitable for local residents, who have to face the constantly increasing rents because homeowners prefer to rent to tourists and digital nomads, who have a much higher spending capability. On the one hand, from homeowners' points of view, it's understandable; they want to make the most out of their property, but on the other hand, locals will ultimately be forced to leave the city or live in poor conditions.
For instance, a typical example of how much remote working has spread in Europe and Greece specifically is the following: The official digital nomads Facebook group used to have less than 5,000 users approximately a year ago; now it has over 34,000, which doesn't necessarily mean that all these people live in Greece and work remotely, but I'm trying to emphasize how broader the issue is for locals because there's an increasing interest in short-term rentals. I remember a few years ago, the local newspaper was filled with housing listings, but after the introduction of Airbnb and short-term rentals, this has changed. Not only is there a lack of housing due to the increasing demand and the constantly decreasing supply, but those that are available are too expensive and, in some cases, unsuitable to live in due to how small and improvised they are. My previous apartment was in the basement and suffered from serious humidity and mold issues.
The average rent for a one-bedroom apartment in my area is about €400, which is still far from being perfect or ideal, often lacking basic utilities such as proper heating or a solar water heater, which is a must for the 300 days a year of sunshine we have. I know that compared to other European cities, this amount of money sounds insignificant, but when the average salary is approximately €700, you can wish yourself good luck living alone. No wonder almost half of the population aged between 18 and 25 still lives with their parents.
In my opinion, it's doubtful that this situation is going to improve anytime soon. Touristic cities are bound to suffer from a lack of available housing for long-term rental, and Airbnb can no longer be regulated in order to create a balance between locals and tourists. What do you think can be done in such cases, and what would you do on a personal level? Move out, stick to paying an extreme amount for housing, or live in a substandard apartment hoping to find something better in the future?
Ultimately the balance of short term rentals vs long term rentals vs home ownership is heavily dictated by government policies which can vary wildly by country, so it's a hard answer to pin down. In some European countries they give renters strong protection from eviction, but you could argue that this disincentivizes new potential landlords from entering the market and incentivizes short term holiday lets instead. There should be a sustainable balance found for each, but demand can also vary by region and city, so it is a tough job to create laws to benefit everyone. Ultimately home owners will have the easiest ride, but getting on to the property ladder can be very tough these days. |
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At one of the local gambling shop I visited during the weekend I happened to listen to a conversation between two bald looking gamblers at the shop talking about one of their gambling colleague who had won a big amount of money amounting to a million in the local currency and due to that win this colleague of theirs' has been avoiding them since e won that money. From their conversation it was obvious that they were a circle of close three friends that gamble together.
After all I finished with my bet headed home and was asking myself what could the colleague act that way avoiding his close friends they all gambling together and just because luck shines on him first he decides to create a distance and class. I couldn't actually annex a good reason why anyone should do that.
Some people are just looking for that lucky break in order to get out of a destructive cycle and that sounds a lot like what's happened here. It depends how far a million goes in the local currency, but in most western countries that would symbolize a very hefty win and possibly enough to retire on if it was invested wisely. There may also be a hint of jealousy that comes in from certain friends, who might talk about it but would possibly do exactly the same thing. If someone wanted to leave gambling, or any addiction behind, then often that means cutting off people that you used to associate with in that arena. It's a shame when friendships like that break down and there is inevitably going to be some hurt feelings, but they'll move on. |
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Marriage mean double your passive income, rental property mean double your passive income, work hard is a myths.
Come and debate. Marriage to a spouse quickly establish to a facts that you would provide financially.
But marriage can only happens once in a life, so the gold digger is missing out so much of gain, compare to owning more than one rental property.
I would like to quote this
"First rental property would fund your travel expense
Second rental fund your sport car
Third rental fund your private jet
Fourth rental fund your yacht
Fifth rental fund your private island
... and so on"
Btw boomer get the land for free, you would have to pay for it, which also get their rental from no money down.
As long as your passive income far bigger than your expense, you are free from slavery, you are free from financial problems.
So back to topic, is marriage, notably marry rich a sound advice today? Why having multple sugar daddy seem more appealing to me, one sugar daddy one passive income, two sugar daddy two passive income, 100 sugar daddy 100 passive income, simple maths! Btw I don't want to add crypto into the mix. I don't want to make consideration because it hardly existed more than ten years while marriage and rental has existed for thousands of years.
While financial benefits are nice, they should be the last thing you consider when going into marriage. Not only that they can equally go the other way and work against you. If you are a high earner and your spouse is not, it can open you up to all sorts of financial obligations in the long run - especially if things went wrong. It's a strange list you've put together comparing it to a rental. There is no free ride in life for the vast majority of people out there and both people in the relationship should be happy with the earning potential of each other. That will make things much more peaceful, especially when you add children into the mix when the time is right, because it may be cheaper for one partner to stay off work to look after them. |
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I do not know if this has been discussed before, but I want to know why most discussions on sports asides tennis is about the men's side of it and the women side is about only barely mentioned. Take football for example. Why is there low engagement in women sports from the side of viewers and even gamblers who are sports bettors? Is it not easier to win on gambling on women sports than men's sport? or is there no gambling site offering odds for betting on women sports?
As others have said, men's sports are watched the most at the moment and when there is wider coverage there is less likely to be cheating involve (the most extreme example, but a consideration that most betting sites will be making). I see no difference on betting on either type, but you go with what is currently on offer at the bookmaker, which currently is almost exclusively men. Unless you get into things like tennis, or special events like the women's golf tour. There should be zero difference in the profitability between mens and womens, bookmakers calculate odds on the outcomes - while there may be a little less data potentially available, the odds would still be priced as reasonably as possible. |
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Things has really changed unlike before when a graduate is coming out from the university their are job opportunities around the corners, people don't even stress themselves to acquire skills as an alternative just in case they don't get a job. Getting a job as a graduate some years back was a thing never to argue about or think about. In this recent time things have really changed, expecting so much from the government as a graduate can lead people into serious problems. The life we live now is so unpredictable, no one can be sure of practicing their desired career from what they have learnt in school.
I think if people really want to be happy in life, expecially undergraduates and young graduate they should learn not to give all expectations of having living job from the government. If people create the mindset of being creative and productive in this era they will live a more happy life than putting all expectations of getting a dream job from the government. A productive mindset is what young people needs to make life easy and worth living.
The world is always changing and your experiences or interpretation are not necessarily the reality everyone else is facing. In countries like the US, Europe and the UK unemployment rates are at record lows - which considering turmoil happening like the war in Ukraine and prices pushing up because of it, might be surprising. This would suggest that we are living in one of the most prosperous times ever and the amount of open job vacancies also suggests that employers are still competing for staff. However graduates face a tougher time, because the inexperience can create a shock to the system when they enter the workforce - academia is much different to actual business challenges they may face. |
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Rapper Drake lost $850,000 on Logan Paul's fight with Dillon Danis - despite backing the right man to win. Paul took on Danis over six rounds last night alongside KSI's defeat by Tommy Fury in Manchester. Paul dominated the first five rounds before Danis was disqualified in the final session for attempting to choke out his rival. Paul was declared the winner - but not by knock out as Drake had predicted. The rapper, who is seen as something of a curse given his poor gambling record, had staked $850,000 (£700,000) on Paul to win by stoppage and would have collected $1.3million (£1m) had he been successful.
The Drake's Curse. He lost on the right man. We have experienced losses but not as bad as this...this is just terrible. What do the gambling folks have to say about this? I have zero sympathy for someone throwing away such vast sums of money for relatively low returns. Gambling is a zero sum game, you either win or you lose, there is no partial payments or return of money on any result. Anyone driven by greed like this deserves to have it taken from them. However I'm skeptical that he even placed the bet, because he was rather shady in his dealing and endorsements from Stake.com, promoting them early on but only announcing a partnership a few months later. Either way, barring the disqualification the fight was extremely close and could have gone to Danis if he did not pull such a foul move. However the boxing world, even this offshoot of it, is all rather murky and it wouldn't surprise me if the outcomes were rigged in advance. |
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A lot of questions have no answers, but only a few have the right answers to 95% of some questions. Well, let me start with trust. Can you trust a person, either a friend, family or a relative, with 100% complete trust? Let me answer myself first? NO I can't. I can't trust anybody fully 100% anymore because I have seen some though cases. However, almost all of us here have a fiat bank account and some of us have what we call a personal identification number, which refers to an ATM pin that we use for withdrawal or sending funds out, so the question is a bit simple: WHO DO YOU TRUST WITH YOUR BANK ATM PIN? if you have a person that you fully trust with your ATM pin, can you also trust that same person with your seed phrase? You can trust many people, but how everyone defines or achieves trust is individual to each situation. There is no hard and fast rule, besides identifying clearly untrustworthy traits which are obvious to most people. Only through life experience can and should you learn who to trust. There are different degrees of trust and even lawful backing if we're talking about business style arrangements. If you involve money in any relationship you have with another person, that can totally change the equation because some people behave differently when it comes to finances. Since you posed the question, you should not be disclosing your pin to anyone - because the banks prohibit it and there's no good reason to do so, you only cast unnecessary suspicion if you were to share it and something went wrong. |
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I’m still confused what’s their main purpose but they are the one who partner with the casino to lure VIP players in the form luxurious offer such as accommodation and travel trips just to make them play in the casino. In return, they will get profit sharing on the total amount spend by their recruits. Casino junket counter part in online casino are those Gambling review sites and other that offers extra rewards such as free spin or other form of rewards which they are paying from their own pocket when player sign up using their referral link. I become curious on this subject since there’s a big scam incident on my country that involves casino junket operation as business front in exchange for investment. They are offering 5% income per month to all investors which we all know that is already a ponzi. https://entertainment.inquirer.net/522430/yexel-sebastian-asserts-casino-junket-is-legit-amid-investment-scam-accusationsI’m just thinking if there’s still some casino offers this type of luxurious reward to their players aside from rakebacks. You seem to be a bit confused in your diagnosis of the situation. This was a simple scam disguised as a way to make money by "investing" in casino, it was purely a ponzi scheme and they always come with an angle that is used to draw investors in. There needs to be a believable background story to any ponzi scheme, this is where you get it wrong. There are real referral programs out there, another word for this casino junket description you use, that really pay out marketers a percentage of the customer deposits over the lifetime of the account that is referred. This is why the ponzi scheme worked so well, because there are genuine people making a genuine income from this industry. However the organizers were not legitimate and just stealing money. Understand the story before making false accusations. |
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The cluster* of the real estate market seems to be for now a never-ending story that when finally finished will be ten times worse than any real estate crash in history and will grab a lot of both coulpable and innocent all the way. Country Graden is one foot in the graveyard as per their own release they can't make a payment and their sales are collapsing: https://www1.hkexnews.hk/listedco/listconews/sehk/2023/1010/2023101000054.pdfGiven China’s property sector has undergone profound adjustments, since the beginning of 2023, the Group’s sales have been under remarkable pressure. Based on the Group’s unaudited operating figures, the Group recorded contracted sales of approximately RMB154.98 billion during the period from January to September 2023, representing a decrease of 43.9% and 65.4%, respectively, compared with the same period in 2022 and
2021. For the month of September 2023, the Group’s contracted sales were approximately RMB6.17 billion, representing a decrease for the sixth consecutive month in 2023 and a decrease of 80.7% and 86.5%, respectively, compared with the same month in 2022 and 2021. If you have 1/5 of the sales you had during a covid lockdown, then it's safe to assume you're done for, which leads us to probably the same fate as the main actor here Evergrande so expect the same episode to happen again and again Evergrande, after losing US$66.3 billion in 2022, filing for bankruptcy in the US, seeing its reopened tarde in HK collapse, his workers arrested and so on, is not triggering a bank run! Of course, the bank run is illegal in China and you're not allowed to tell people there is no money in the bank: Police in Cangzhou have arrested “many people” suspected of spreading rumors that the bank was suffering a cash crunch because of its exposure to Evergrande, Yicai, a state-owned media outlet, reported on Wednesday, citing an officer deployed at the bank. “[We urge] financial consumers to make rational judgments and to avoid losing interest on your deposits due to rumors,” according to a photo of the statement posted by the media outlet. So listen up plebs, are you going to lose your $12 APY in LUNA tokens just because of a rumor  !!! Ups, my bad, the situation is so damn similar, and the reaction of the "officials" too that I ended up mistaking the two things but that can be forgiven, I assume, as : You have a bank that used people's money to finance a bankrupt company whose assets are crashing down! You have a company that used your coins to prop a shitcoin that crashed down having zero value right now! So before you think of 12% APY a year, of making money with the newly launched copy trading, don't forget, your balance on that exchange is just numbers, as in every bank, just how it was with FTX,seriously, read this topic by o_e_l_e_o !!! Proof of reserves? Insurance fund? Best I can do is a random number generator!Having money in some bank that invests in real estate doesn't mean you own real estate, having coins in an exchange that owns bitcoin doesn't mean you have bitcoins, you only have an IOU that has no value once that exchange is gone! So, fog god's sake, stop thinking about 5% extra and think more of the 100% you might lose! As the company is effectively owned by the Chinese government, even though it has "private" elements and was allowed autonomy previously, it will get a crafted support package to cushion the blow where possible. Otherwise a lot of Chinese citizens will be seeing what was their retirement plan go up in smoke. It was unsustainable all along and may have grown out of the control of the ccp by this point. They wish to be infallible but even in the subprime mortgage crisis the US government was pushed to the very brink of disaster with lots of banks in trouble. It will get a rescue, but some people will suffer along the way and a lot of money people thought they had, will be lost. |
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I'd like to share my experience with you all. Even though I'm not currently employed, I went through a phase of gambling while I was working in the past, and the outcome wasn't positive. It affected my job performance because, as you may know, when you lose, you tend to dwell on your losses and constantly think about strategies to win. When we talk about work, it usually means we're not particularly wealthy, and imagine what happens when we gamble money we can't afford to lose, especially when we're not earning much.
Let me tell you, the feeling is far from pleasant. It leads to a decline in your work performance, which can have significant consequences since that's your primary source of income. It might be manageable if you're winning, but the harsh reality is often quite the opposite. Even when we do win, we tend to spend most of our winnings, so we don't treat it as business money. This leaves us in a precarious situation when we lose because the money we initially budgeted for our families gets diverted to cover unexpected gambling-related expenses.
I'd like to hear from those of you who have experienced this or are still dealing with it. Please share your testimonies.
There probably isn't a good reason that you're gambling within work time and it's probably signalling that you have an addiction if you cannot keep it until out of your work hours. While it is humorous to pretend you are getting paid to play games, it can put you in the wrong mindset and if you're not careful can lead to you losing your job. Some people don't realize that things like Wifi connections might be tracked and monitored, leading to your boss finding out which websites you've been on - if you're connected to the wifi that is. In certain trades which have large gaps of time available, I can see why some people end up doing it, but you'd be better off finding free games to play if you enjoy your bank balance going up instead of down. |
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I guess some will ask why I mentioned both, and that is because record-low unemployment doesn't really mean that few people are out of a job, it might mean that they simply don't care about finding one so they are not in the statistics. And here is where the employment level comes into place. So, I'm sure that everyone knows Europe is doomed, we're out of gas, 90% of our companies are bankrupt, we've frozen to death last time, our GDP is down by 99%, the euro is worthless and we have eaten our last hamster but in reality: Europe has broken all 20 years' records, in both the lowest unemployment level and in the percentage of citizens employed. And it doesn't stop here, from 10 years ago in 2013 the number of people with a job has grown from 181 million to 197 million, that's 18 million more workers and jobs in a decade! On top of that, we have to add to this 3.5 million work permits issued this year for foreigners that want to work in this craphole called EU. Can't wait to see the usual Russian muppets trying to twist this as being bad! To me it is remarkable that certain nations, and groups of nations, are able to relentlessly create new jobs and keep people employed. Idle hands make the devils playthings as the saying goes, if people do not have work then they might be more inclined to commit crimes in order to get their hands on cash. We also have to be mindful that politicians are always seeking to massage the figures, so might try to cut and change how certain statistics are reported so they can claim to have done good work. Hopefully it will continue for a long time, because it shows that most of society are committed to hard work and making a brighter future for everyone in their country and I can imagine America is similar. |
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Today I encountered again my biggest nemesis on gambling which is being stuck on my gambling progress. I’ve gambling for multiple days in a row with just having a breakeven on my total bankroll. This due to the game doesn’t gave me any long winning streak and only just more losses. The only thing that makes me keep up on the breakeven side is the increased on wager to recover my losses but my gambling result is literally 1 win to 3 or more losses ratio. This is how bad my overall game.
The only good news is this time I remember how this weakness of mine always makes me lose in the past so I stop already gambling and take a break. This is what I’m trying to share here. If you really feel that your gambling doesn’t want to make you move forward by having decent profit and just giving you a hard time then don’t hesitate to quit! Don’t push forward while you are already playing uncomfortably because this will just make you bet recklessly.
Have a break and just gamble newt week or month because a lucky game will make you win easily and not with a very hard to win winning condition.
This is a big psychological trick that casinos and bookmakers try to push to the max. Take a look at any casino for example and you'll find each game has a separate "side" jackpot or game going on, which allows you to earn independent powerups that are only applicable to that particular game. The idea being, they can keep teasing more money out of you as you chase the "powerup bar" until it unlocks the side game. That side game is meaningless if you've spent way over the odds to achieve it and they can unlock 80% of it while costing you huge amounts to reach the other 20% needed. If you ever find yourself being sucked into this sort of chasing, then you should take a break and re-evaluate your style of play. |
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I have been thinking and trying to analyze what is really causing the high cost of food in Nigeria, I came to realize that monopoly is the major factors, Nigeria government are the enablers. How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.
You as an individual pondering this question have zero impact on the massive supply chains that exist to move products around the world, you are at the mercy of the trade winds which are set by far more powerful people. There are too many factors to contemplate and the interactions between all the different commodities is almost unfathomable to grasp. You just have to look out for ways that you as an individual can make best use of the resources you have to make the situation better for you. Unless you're a high level politician in your country, and even if you are, you're unlikely to make the slightest dent on the prices of goods around you. Simply adapt to the current situation as best you can. |
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Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?
Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.
So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?
Not keeping records, does this make me a bad gambler?
Pretty much, yes. However it depends what you mean by "bad gambler", if you're just doing it for a bit of fun and fully expect to lose a casual amount of money on a regular basis, sometimes with the odd winning streak, then you are probably taking the right approach. The only reason that logging your bets in that situation would help is if you think you might be spending too much or want to figure out how much variance you've got going on over time. Let's face it though, unless you're trying to engage in an actual career like gambling, you should understand that the odds are heavily weighted against you and even sport bookmakers are only interested in your custom if you are losing money over time, they'll eventually limit your account otherwise. |
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Below is a list of 10 Countries With the Biggest Debt Burdens1
1. Japan $10.1 trillion
2. Greece $415.35 billion
3. Italy $2.94 trillion
4. United States $36.8 trillion
5. Spain $1.74 trillion
6. France $3.478 trillion
7. Portugal $305.45 billion
8. Canada $2.52 trillion
9. Brazil
10. Belgium $640.3 billion
I am not an economist so my question would be directed to those who understand economics and government administration. If a country is capable of paying off her debts, why don't they? Obviously , these developed countries I believe are capable of offsetting their debts because they even render aids to other developing nations.
Secondly, are there any benefits, economic or otherwise of a country being in debt?
Those who can borrow the most money at the lowest cost are the winners in life, much like most of the countries on that list - but why did you squeeze Brazil on to the list without a number against it? Also, why is your list out of the correct order, it looks like you've just picked 10 at random which makes no sense because that would not make them the biggest countries with debt, take the UK for example with over a trillion dollars in debt - you've presented statistics that are poorly researched and wrong. Regardless, it doesn't really matter how much you borrow but rather the ability of paying back the debt or at least paying off the interest on it. That is what makes you a credible debtor country. |
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