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If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days.
Jeffrey Sachs
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"If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days."
— Jeffrey Sachs #moneywealth

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If you have a lot of short-term debt, it means that all of that money can be demanded in a very short period of time. Technically, short-term debt means money that's coming due within a year. Typically, it means money that's coming due within 30 to 90 days. — Jeffrey Sachs

About Jeffrey Sachs

Jeffrey Sachs was a Economist from United States (1954–present).

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Frequently Asked Questions

Who said "If you have a lot of short-term debt, it means that all of that money can be de…"?
This quote is attributed to Jeffrey Sachs, a Economist from United States.
When did Jeffrey Sachs live?
Jeffrey Sachs lived from 1954 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.