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- a government borrows heavily and spends on useless things that won't generate future revenue (unlike roads, education which would) - government raises taxes
by mohanmcgeek 5y ago
- a government borrows heavily and spends on useless things that won't generate future revenue (unlike roads, education which would)
- government raises taxes because they can no longer borrow to spend on things
- companies decide to keep their international profits in international accounts because that money to their country seems foolish at that point.
- somehow that's affecting the "poor" people in the said very rich country?
- apercu 5y agoLibertarianism makes me smile.