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Re: Really low borrowing costs

By: Cactus Flower in ALEA | Recommend this post (0)
Sat, 19 May 12 6:51 PM | 50 view(s)
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Msg. 07920 of 54959
(This msg. is a reply to 07919 by faul)

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Hi doma,

Well, then the governments should be taking the deal available now as the interest payments are miniscule on a relative historical basis.

Not sure why you say principal is never paid back. The total value of debt relative to the total size of the economy waxes and wanes. Before Bush came along, Greenspan was complaining that the US faced a problem because the country had so little debt: Bush sure fixed that.


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The above is a reply to the following message:
Re: Really low borrowing costs
By: faul
in ALEA
Sat, 19 May 12 6:46 PM
Msg. 07919 of 54959

Hi Alea.....

The game is the principal is Never paid back.....but
the money loaned is paid back many many multiples
in cumulative interest payments....

Doma.


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