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Nation debt isn't like a personal checkbook. As long as the economy grows just as fast or faster than the debt over time, then they're okay.
by three_seagrass 4y ago
Nation debt isn't like a personal checkbook. As long as the economy grows just as fast or faster than the debt over time, then they're okay.
- boppo1 4y agoSure, but we made the economy grow by keeping debt cheap. Now debt will be expensive and all signs point to the economy not growing in such an environment.