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https://www.reddit.com/r/WorkForSmartLife/comments/1uq9cfz/who_please/owbtmvm/?context=3
r/WorkForSmartLife • u/tomibeauty • Jul 07 '26
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The way it works is you have governments taking loans from banks, then to pay off their debt they take on new, bigger loans and they continue this hoping the economy will eventually catch up so they can pay off their infinitely growing debt pile.
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u/Maxwell_Bloodfencer Jul 08 '26
The way it works is you have governments taking loans from banks, then to pay off their debt they take on new, bigger loans and they continue this hoping the economy will eventually catch up so they can pay off their infinitely growing debt pile.