a prefix meaning âunder, below,â occurring esp. in words denoting an organ or location below a given body part (hypodermic; hypothalamus), or in terms denoting a body condition in which substances or functions are at below-normal levels (hypothermia),sometimes as a counterpart to a word formed with hyper-; also used in the names of chemical compounds that are in a lower state of oxidation than a given compound (hyposulfurous acid).
So here goes: Your top 10 causes of debt! 1. Reduced income/same expenses. Too often we delay bringing expenses in line with a reduction in income for a host of good reasons and let debt fill the gap. The sooner you adjust to your new reality, whether it be temporary or permanent, the better off you'll be. 2. Divorce.
(Source: Debt to the Penny, U.S. Treasury. Debt FAQ, U.S. Treasury.) America's debt is the largest in the world for a single country. It runs neck and neck with that of the European Union, an economic union of 28 countries. For more, see Sovereign Debt Rankings. The debt is greater than what America produces in a whole year. This high debt-to-GDP ratio tells investors that the country might have problems repaying the loans. That's a new and worrying occurrence for the United States. In 1988, the debt was only half of America's economic output.