{"version":"1.0","provider_name":"Les Rencontres \u00c9conomiques","provider_url":"https:\/\/www.lesrencontreseconomiques.fr\/en\/","title":"Preventing &#8220;bad&#8221; debt from chasing &#8220;good&#8221; debt","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"tI1HpOkKhS\"><a href=\"https:\/\/www.lesrencontreseconomiques.fr\/en\/debats-idees\/preventing-bad-debt-from-chasing-good-debt\/\">Preventing &#8220;bad&#8221; debt from chasing &#8220;good&#8221; debt<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.lesrencontreseconomiques.fr\/en\/debats-idees\/preventing-bad-debt-from-chasing-good-debt\/embed\/#?secret=tI1HpOkKhS\" width=\"600\" height=\"338\" title=\"&#8220;Preventing &#8220;bad&#8221; debt from chasing &#8220;good&#8221; debt&#8221; &#8212; Les Rencontres \u00c9conomiques\" data-secret=\"tI1HpOkKhS\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/www.lesrencontreseconomiques.fr\/wp-includes\/js\/wp-embed.min.js\n<\/script>\n","description":"Not all debt is created equal. In theory, in the case of public administrations, borrowing is justified to cover expenditure to prepare for the future, or to spread over time the budgetary impact of exceptional, non-recurring shocks, such as war or a deep economic recession. On the other hand, it is unjustified if it unjustifiably [&hellip;]"}