Comment on Governments are like parents who say, "Do as I say, not as I do"

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henfredemars@lemdro.id ⁨6⁩ ⁨days⁩ ago

Maybe, in a perverse way, they aren’t all that different in the extreme. If I were a billionaire, I can take loans out against my securities basically forever. Governments can sustain a growing debt load forever if it grows more slowly than GDP.

Alas, I am not a billionaire.

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