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RE: How To Read A Newspaper - Part 1

in #mmt7 years ago

My country also has huge debt sometimes I wonder how will the government able to pay and monitor it. Well, in my opinion also, what you read in newspaper is not all that is going through. There are so much facts not included in newspaper and it is not meant for citizens to know. All the best to all the countries in debt.

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If the debt is in your own countries currency, then there's nothing to worry about - your government cannot fail to pay it. If it's in another countries currency, then that's a problem. I don't know what the balance is in Malaysia.

there are lots of things people don't know unless you're in the related industry and has insight. No gov wants to admit that they owe money to another nation or they have to sign agreement under political constraints