Interesting comment in NY Times by P. Krugman on the levels of U.S. debt. He mentions the mistake made by comparing the debt of U.S. with the case a family which takes a great debt.
Two interesting and important points, but that leaves you wondering. First Do families have to pay their loans but not the United States? In the families as in the governments the problem isn´t get a loan, the important thing is the interest rate at wich they pay for the money. Does the debt of the united states is money that citizens owe to themself?
Two interesting and important points, but that leaves you wondering. First Do families have to pay their loans but not the United States? In the families as in the governments the problem isn´t get a loan, the important thing is the interest rate at wich they pay for the money. Does the debt of the united states is money that citizens owe to themself?
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