Asked by Karry
Explain this statement: the most unlikely problem of the national debt is that the government will go bankrupt.
Answers
Answered by
Ms. Sue
Governments can print money; therefore they can't go bankrupt.
Answered by
Ms. Sue
Governments can also raise taxes. Check this article.
http://www.signonsandiego.com/uniontrib/20080330/news_1b30marks.html
http://www.signonsandiego.com/uniontrib/20080330/news_1b30marks.html
Answered by
bobpursley
http://money.cnn.com/galleries/2009/news/0901/gallery.money_summit/8.html
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