Originally posted by theetruscan
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Yes, our debt in a long term should be more balanced, but not now when the economy is sinking. public spending (government) should increase to take over the gap created due to private spending decrease.
If our debt was truely a problem, I assure you that market will be one of the first place to recognize, but no, our government can still borrow at record low rates. Some people say it will soar up anyday now, but yea shit has happen in number of years now.
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