It seems that most if not all advanced economies (US, Japan, UK to name a few) have been running budget deficits since basically the last 20 years. I understand that current debts lose value over time because of inflation and economies grow, but how can they do this for basically ever? I can’t wrap my head around the maths that makes this possible, and the markets don’t seem all that worried
In: 316
I read somewhere on Reddit there are basically 4 types of categories for economies: low debt ratio, high debt ratio, Argentina and Japan. Argentina being singled out for being especially alarming and Japan for being special. I’m no expert but thought I would just share this little comment/opinion.
Latest Answers