monica_b1998@lemmy.world to World News@lemmy.worldEnglish · 28 days agoThe U.S. borrowed $50 billion a week for the past five monthsfortune.comexternal-linkmessage-square187linkfedilinkarrow-up1841arrow-down19cross-posted to: news@lemmy.world
arrow-up1832arrow-down1external-linkThe U.S. borrowed $50 billion a week for the past five monthsfortune.commonica_b1998@lemmy.world to World News@lemmy.worldEnglish · 28 days agomessage-square187linkfedilinkcross-posted to: news@lemmy.world
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·27 days agoIt’s not really “debt” when the “debtor” prints the money.
minus-squareMonkderVierte@lemmy.ziplinkfedilinkEnglisharrow-up3·27 days agoStill consuming the countries future.
minus-squareKazumara@discuss.tchncs.delinkfedilinkEnglisharrow-up1·26 days agoIt is really debt when it stays on the books and the debtor has to pay interest, and servicing all that debt consumes 15% of the budget.
It’s not really “debt” when the “debtor” prints the money.
Still consuming the countries future.
It is really debt when it stays on the books and the debtor has to pay interest, and servicing all that debt consumes 15% of the budget.