Started By
Message

re: International finance guys...question about world debt

Posted on 10/12/17 at 11:50 am to
Posted by deltaland
Member since Mar 2011
90904 posts
Posted on 10/12/17 at 11:50 am to
Mostly because the governments don't lend the money, individuals buy up bonds as an investment. Basically the governments borrow money from the people.

The point at which it will crash is when the government becomes so indebted that it cannot make interest payments on the bonds. So then investors lose confidence, the bonds become worthless, and the Govt cannot borrow any more money
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram