Re: Will another bail out be called for? Massive borrowing ongoing. Archived Message
Posted by Sinister Burt on April 23, 2020, 12:52 pm, in reply to "Re: Will another bail out be called for? Massive borrowing ongoing."
But at such small rates (it's less than 1%) you can pay it back with tiny payments over a long period - it's how we dealt with previous huge spending. There's no actual problem with government debt in itself - actualy, getting a government into surplus just sucks money out of the economy (according to the badly remembered theories of people cleverer than me anyway)
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