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by binarytrees
4141 days ago
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Debt to build new transit infrastructure, research and development labs etc is a great way a country can use debt to benefit it's current and future citizens. A person could take a loan out for a car and that may create a small fraction of jobs. Where as if a government can take on debt to create DARPANET or invest in clean energy the outcome is many times more profitable to the government and future business derived from that. |
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