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Grexit, page-369

  1. timber1956
    7,428 Posts.
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    02/07/15
    14:04
    Post #: 15570051
    Daytr is suggesting that the US government has failed to service its debt.

    "Servicing debt" means meeting interest and principal payment obligations according to the conditions of the loan. Taking on further debt does not mean that a borrower has failed to service existing debt.

    When talking to grown ups you do not win debating points and send other people "back to school" by making up definitions to suit yourself, ol fella.
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