Author Topic: Government Day-to-Day  (Read 14153 times)

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Offline Gorgeous Graham

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Re: Government Day-to-Day
« Reply #120 on: February 03, 2020, 11:41:29 pm »
And if your grand children don't pay it back it becomes a 294 million dollar debt for their grand children. So now they are paying 9 million annual interest on your 50 million loan. And if interest rates go up over the next 60 years, it could be a lot more.

We haven't paid back anything when we started to borrow a lot starting in the 70's, except a small bit during the Chretien years, so that's around 50 years and counting of compound interest with no end in sight.
I can tell how good of a person you are by how you treat the people you disagree with.