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I believe it. How much debt can a country go into before the lenders want it back? How many government programs have to exist for companies to shrivel? How does
by helthanatos 10y ago
I believe it. How much debt can a country go into before the lenders want it back? How many government programs have to exist for companies to shrivel? How does a county's reputation for being the global police affect it when it's sinking?
I don't think it's necessarily doomsday soon, but if it isn't fixed, it could lead to very dark places.
- thinkmoore 10y agoUh, we are paying it back? Why would any sensible household or business pass on ~1% APR loans to fund investment? Our interest payments are less than 1.5% of GDP (down from 3% of GDP a decade or so ago). People always whine about not running government like a business...
- deleted 10y ago[deleted]