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Incurable Romantic
Wall Street Millennial
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Comments by "Incurable Romantic" (@incurableromantic4006) on "The US Economy Is Running On Borrowed Time" video.
"A loan generally doesn’t ‘become due" True - but for nations, when investors lose faith in your ability to service your debt and the interest rate you have to offer on your bonds shoots up: that's effectively the debt "becoming due". It's not like the US could just eliminate its deficit and balance its books tomorrow without massive economic fallout.
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