Extremely Long Term Debt

If you have ever taken out a loan, you are probably familiar with the details of taking on debt. You have an amount that is borrowed, an interest rate, and a term over which the debt is paid back. However, sometimes, a term might be extremely long. In a few cases, the debts can be served in perpetuity. Learn more about the extremely old debts which took forever to pay off on this episode of Everything Everywhere Daily.

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