View Single Post
Old Posted Nov 11, 2016, 1:19 AM
adam-machiavelli adam-machiavelli is offline
Registered User
Join Date: Jun 2005
Posts: 1,075
I would just like to point out that government borrowing is very different from private borrowing. As governments, they get better interest rates and repayment plans. Governments are basically their own universes and when a government is big enough, it creates its own laws of physics that may not make sense in "our" universe but somehow work just fine in their fiscal universe.
Reply With Quote