2 ms·
The debt is at managable levels now. Reducing it is actually not really all that difficult if the political game gets to a point where this is something they wa
by nickik 8y ago
The debt is at managable levels now. Reducing it is actually not really all that difficult if the political game gets to a point where this is something they want to do.
Once you run a surplus and your bond yields go down while your economy continues to grow you can takle the debt.
We have seen this from other nations who executed such fiscal turn around.
However that requires some amount of political will.