AfterNova@lemmy.world to

No Stupid Questions@lemmy.world · 3 months ago

Where does the revenue gathered from taxes go and what is national debt?

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Where does the revenue gathered from taxes go and what is national debt?

AfterNova@lemmy.world to

No Stupid Questions@lemmy.world · 3 months ago

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TubularTittyFrog@lemmy.world
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3 months ago
infinity.

the issue isn’t the number of the debt. it’s creditors faith that you will pay them back.

things collapse when your lenders lose faith and stop lending. you could have a low debt to gdp ratio and that still could happen.

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