Privatization resulted in the radical downsizing of the work force, which led to unemployment and public debt.
Basically a crisis leads a country to debt and economic stagnation.
In addition, cattle operations led to government dependency and debt.
The entire 2008 season was cancelled due to economic conditions leading to extreme debt and all of the staff and management have been dismissed.
This expansion, both personal and business, led to mounting debt.
Then again all the evidence showed that deflating the economy would lead to increased unemployment and higher debt.
Indeed, making films has led to mountainous debt.
This led to significant debt, and they had to rely on the generosity of friends.
This promotes speculation, fuels inflation and, finally, leads to massive debt among those involved.
There is a tendency to build megachurches since 2000, that leads some churches to financial debt.