Comment on Where does the revenue gathered from taxes go and what is national debt?

• TubularTittyFrog@lemmy.world ⁨3⁩ ⁨days⁩ ago

  infinity.

  source

  • AA5B@lemmy.world ⁨2⁩ ⁨days⁩ ago

    For example an event like chaotic policy means countries no longer use your currency as a global reserve currency - would mean a sudden drop in investor faith that could trigger this. Or even deliberate disrupting the economy to devalue your currency, depending on whether we believe they’re smart enough to have a strategy or just take their chaos at face value

    source
• HobbitFoot@thelemmy.club ⁨2⁩ ⁨days⁩ ago

  Until the government can’t pay it back.

  source