Whilst simultaneously having a rapidly declining birth rate, and relatively low levels of immigration, to maintain a homogeneous society, without imploding in on itself?
In: Economics
States aren’t at all like private households. They more or less are in direct control of the productivity of the whole economy. It’s almost infeasible that a state loses its entire financial fluidity.
Also for bigger institutions it’s actually productive to have a high debt ratio, as it increases your overall productivity potential. This is known as the leverage effect and is practiced widely by businesses.
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