Re:Varoufakis to Publish Notorious Eurogroup Recordings from...
by rumanator on Friday February 21, 2020 @05:14PM
(#22387462)
> Borrowing foreign money to buy foreign goods has no effect whatever on a country's level of production
And this is where you're wrong. Borrowing money has a direct and deep impact on ta country's level of production, mainly because that cash is dumped on the economy by spending it on buying goods and services.
And this is where you're wrong. Borrowing money has a direct and deep impact on ta country's level of production, mainly because that cash is dumped on the economy by spending it on buying goods and services.