Debt

Question? If I owe $20 and I have $40 why do I not just pay the $20 and have no debt?

Now if was a country and could be debt free by paying my debt, then why not? Yes, we would have to be careful about spending until all taxes are accounted for, but if households have to balance why not a Government?

Debt a +/-?

Advertisements

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.