Som av en händelse gav en amerikansk ekonom just nu en förklaring till varför USA bara kan låna mer och mer: Länder är inte som hushåll. Länder dör aldrig utan kan bara låna mer och mer så länge de bara tjänar mer och mer.
Det låter hållbart! (Vad som sker vid räntestegring eller lågkonjunktur verkar han inte ha kommit in på. Och när de egna resurserna inte räcker kanske man försöker ta från andra för att erhålla "more revenue")
Citat:
Though individual borrowers are expected to pay off debts, the same isn't true for governments, Krugman argued in a column for the New York Times on Friday. That's because unlike people, governments don't die, and they gain more revenue with each passing generation.
"Governments, then, must service their debts – pay interest and repay principal when bonds come due – but they don't necessarily have to pay them off; they can issue new bonds to pay principal on old bonds and even borrow to pay interest as long as overall debt doesn't rise too much faster than revenue," he added.
Congress now has less than two weeks to raise the borrowing limit before the government could potentially run out of cash, US Treasury Secretary Janet Yellen warned. A default on the country's obligations could result in catastrophe for financial markets, experts have warned. Krugman has called for the debt ceiling to be abolished, as the risk of a financial crisis offers Republicans a "choke point" on fiscal policy.
https://finance.yahoo.com/news/heres-why-us-doesnt-pay-035612736.html
Citat:
Paul Robin Krugman is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times.[7] ... Krugman was born to a Ukrainian Jewish family,[20][21]
https://en.wikipedia.org/wiki/Paul_Krugman#References
Resonemanget påminner om ett legendariskt uttalande av Trudeau:
Justin Trudeau: Deficits are a measure of growth and success
https://www.youtube.com/watch?v=qbw1Bb32gQ0
