Does country’s debts affect anything in that country? Why some have trillion dollars debts that look like it’ll never going to go away yet they can chill about this fact?

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Does country’s debts affect anything in that country? Why some have trillion dollars debts that look like it’ll never going to go away yet they can chill about this fact?

In: Economics

11 Answers

Anonymous 0 Comments

Countries can rack up huge debts, but they can manage it because of their economy’s size. If the economy grows, it makes paying off that debt easier over time.

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