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Economics
Re: when you run out of other people's money...
by
ribuck
on
21/02/2012, 18:32:11 UTC
Quote from: 99Percent on February 21, 2012, 05:15:09 PM
...A country needs to gradually wean of its debt or else it is like a shock to its system and can actually kill it.
Which government has ever weaned itself off debt? On the other hand, plenty have defaulted and later recovered.