Timeline for Are there any negative consequences for a country having no debt?
Current License: CC BY-SA 3.0
5 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Dec 18, 2012 at 16:27 | review | First posts | |||
| Dec 18, 2012 at 17:37 | |||||
| Dec 7, 2012 at 19:59 | comment | added | corsiKa | oh the irony of a "rainy day fund" one day after the governor of New Jersey goes to the White House to ask for money for his particularly rainy day. | |
| Dec 7, 2012 at 12:10 | comment | added | mikeazo | I didn't mean that the government couldn't go in to debt, just that for the most part they properly stayed out of debt. Sorry if that was unclear. Furthermore, to correct some of the problems you mention with not being able to go into debt, couldn't a government have a "rainy day fund"? | |
| Dec 7, 2012 at 3:20 | comment | added | segiddins | Basically, debt allows for investment, which leads to long term growth. | |
| Dec 7, 2012 at 2:40 | history | answered | user117 | CC BY-SA 3.0 |