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Do We Really Borrow From Only Ourselves? Does the Debt/GDP Ratio Means Anything?

Do We Really Borrow From Only Ourselves? Does the Debt/GDP Ratio Means Anything? QUESTION: Mr. Armstrong, the famous economist Paul Krugman says that debt is ok when we owe it to ourselves. He calls it “deficit scolding” as he wrote in the New York Times. Would you like to comment on this statement? GH ANSWER: Paul […]

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