Why Are So Many Nations in Massive Debt? Who is Lending Them All This Money?
In: 9
Nations have become like a company.
They use the money generated inside and outside. And when they need (are forced) to spend more, private banks lend them money.
That loan has to be paid and you pay more than what you get.
So you keep spending money for your country without taxing where you should and you end up needing money to keep on existing.
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