Y
Hacker News
new
|
ask
|
show
|
jobs
by
risk000
1763 days ago
Governments are not households. Using this metaphor only causes more misunderstandings.
1 comments
Retric
1763 days ago
Except Greece for example recently hit it’s borrowing limit with spiraling interest rates. If it could have borrowed unlimited money at zero interest nothing bad would have happened, it could have paid debts with new loans.
link