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by Gys
3913 days ago
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For example. But with a focus on a budget as well. The problem now is governments overspending because in a way it helps the current politicians to be re-elected. But in the long term debts are not good. I think Greece is a very good example how things can go wrong that way. |
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States are not households. The debt of a country is a very different animal that the debt of firm or an individual.