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Really? A pocket change? So why the US don't just, you know, pay the debt with the pocket change and regain its financial independence once again?
by levosmetalo 13y ago
Really? A pocket change? So why the US don't just, you know, pay the debt with the pocket change and regain its financial independence once again?
- awwaiid 13y agoBecause nobody wins. Having the world dependent on US stability is a good thing.
- venomsnake 13y agoA good reason to not pay it off is like the fact that US is borrowing money right now below the inflation rate - people are paying US to keep their money. Also government debt is rarely paid off - it is usually grown out of and revolved. What US lack is economic growth thanks the "serious" people that push for austerity. Also rule of thumb - anyone that uses a country budget is like the family budget analogy is - liar, dumb or ignorant. That is very quick filter by which you could judge politicians.