well I suppose I should take that as a compliment
no cutting and pasting done just a few years familiarity with
Chartalism and Modern Monetary Theory.
You should try it and you to can realise that future generations
never will and never can pay of government sector debt.
well Spain is a very good example of balancing the books
between 200-8 they ran a small govt surplus (it's own private sector
in deficit to it s government and the rest of the world falling ever more into debt)
the seller of goods and services cannot receive more money
than the buyer spends.We...
our forebears have not paid of our government debt for 400 years why on earth will
our children do so?
between 1725 and 1870 the debt to GDP ratio was higher than today
at times 3 times higher than today
before there was a Labour Party
This problem of the national debt is plain nonsense...