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07/01/20
20:47
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Originally posted by thorburn:
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Just say there's no inflation for another 20 years what happens to the government debt then? Does it get rancid? Toxic? Trouble with much government debt is it hasn't gone toward productive infrastructure. Consequently there's no economic impact on present and future budgets. Governments haven't been borrowing like companies do. Companies borrow to invest for returns
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What kind of productive infrastructure should government invest in, if you can, narrow it down to not just a sector but to maybe companies from that sector?