Difference between revisions of "National debt"
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(Created page with "{{concept |wikipedia= |image= |constitutes=debt |interests= }} The '''national debt''' of a state is the amount of money it owes bankers. This tends to increase during per...") |
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| − | The '''national debt''' of a state is the amount of money it owes [[bankers]]. This tends to increase during periods of high military spending, such as a [[war]]. | + | The '''national debt''' of a state is the amount of [[money]] it owes [[bankers]]. This tends to increase during periods of high military spending, such as a [[war]]. [[Defense contractors]] are especially bad with excessive bills.<ref>https://responsiblestatecraft.org/2023/06/20/the-pentagons-52000-trash-can/</ref> |
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Latest revision as of 13:30, 4 August 2023
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The national debt of a state is the amount of money it owes bankers. This tends to increase during periods of high military spending, such as a war. Defense contractors are especially bad with excessive bills.[1]
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