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

The debt has still interest that has to be paid – that interest payments are going to miss from your country’s budget, when it comes to paying for roads, schools, hospitals, etc. Of course you should care!

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