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... prevent closures but expanded the deficit. Enhanced Unemployment Benefits: Increased payouts for unemployed citizens were essential for financial stability but further added to the budget deficit. These necessary interventions helped stave off a severe economic crisis but significantly expanded the U.S. debt, emphasizing the need for potential structural reforms. Economic and Market Impacts of the Growing U.S. Debt The record-high U.S. debt level has far-reaching effects on the domestic and global economy, with ...

... freezes are not unique to Russia. International examples include: Cyprus, 2013: Amid a banking crisis, the government temporarily froze access to deposits and implemented significant levies to stabilize the banking sector. Argentina, 2001: During an economic crisis, strict limits were placed on withdrawals, sparking public outrage and protests. Why a Deposit Freeze Could Happen Today Several factors could lead to a deposit freeze in Russia as an emergency measure to stabilize the financial system: High Key ...

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