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In this case they're using debt, because while they may have had a surplus in a single calendar year, they're still over $150bn in debt. So it isn't spending su
by 0xy 4y ago
In this case they're using debt, because while they may have had a surplus in a single calendar year, they're still over $150bn in debt. So it isn't spending surplus, because they're massively underwater and a "profit" is meaningless.
- KptMarchewa 4y agoThey are just not overpaying debt, which makes no sense when the rate of outstanding debt is way below inflation.