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re: National debt going insane all over the world

Posted on 12/5/18 at 9:12 pm to
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48330 posts
Posted on 12/5/18 at 9:12 pm to
quote:

That's debt. We all borrow money from each other. If I borrow 10 million from you and you borrow 10 million from me, were both in 10 million of debt, but don't have a deficit. That's very simplistic, but it's the general gist.



Well that’s not right at all.
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