4 ms·
I'm not your economics teacher. Research it yourself. You can start here: - The need to find buyer's for your country's debt at rates that don't greatly exacer
by howmayiannoyyou 5y ago
I'm not your economics teacher. Research it yourself. You can start here:
- The need to find buyer's for your country's debt at rates that don't greatly exacerbate the problem.
- The surprising frequency with which countries were forced to default on their debt & the implications for social order.
- How government debt impacts corporate & personal debt appetites & rates.
- What uncontrolled debt & spending does to your currency and the cost of necessary imports.