2 ms·
The govt doesnt invest. The definition of investment is that a bad investment goes sour and you lose your money, and evetually you go out of business. The govt
by IG_Semmelweiss 3y ago
The govt doesnt invest. The definition of investment is that a bad investment goes sour and you lose your money, and evetually you go out of business.
The govt spends other peoples money. It can do bad things. But it never goes out of businessess. When it spends it poorly as it is often the case, they take more money from people. If they can't, they take it from unborn people. Eventually this builds up a debt.
And then it implodes like you describe