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ChineseKiwi
hoser
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Comments by "ChineseKiwi" (@ChineseKiwi) on "Who's In The Most Debt?" video.
That is how government debt literally works (in an oversimplified way)
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They do in high frequency, high population routes. Normal passenger rail is highly cost effective for governments. HSR not so much, unless it is between high population density places
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More it can grow, but not at a faster rate. Would you rather have the money now or later? In reality, government debt is borrowing from your future self
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Operationally profitable is one thing, it benefiting the economy enough to negate the cost is another. It isn’t the latter.
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@@A_R_B_G Yes and No. 30% of US government bonds is owned by foreign entities. But it is in US currency.
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H0ser wins again with this. I understand how government debt works and once again accurate and funny as hell at the same time.
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It is more ‘whatever’ in regards to overall impact. The classic saying “You owe the bank $10,000, it is your problem. You owe the bank $100 million, it is the bank’s problem”
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Once again this excuse. Germany pays the same into NATO as the US, Japan literally pays for most of the cost of it’s US bases. And basic geopolitics means that country only help other countries when it is politically beneficial to do so.
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Hoser is Canadian. Thus the name ‘hoser’
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You dunno how government borrowing works. Got it.
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