No, its illegal and absurd.
No, in a real democracy it should not be possible.
No, it should only be possible with popular approval, yet minimised and only in extreme situations.
No, but the west is not democracy.
It may be legal under some circumstances
It should be legal under some circumstances.
It should be like it is
I dont know
other opinion (specify in post)
What if you are taking on debts to afford government spendings you cannot afford because it is easier to loan money than to cut budgets to affordable levels?
What if you are spending the money on waging wars?
What if you are spending the money to build up your militry?
What if you are spending the money on a social system that you cannot afford instead of making it affordable?
What if you are spending that money on giving the money to the same banks and financial institutions who are giving those loans to bail them out?
In what scenarios is it okay to take on deficits and huge debts?
In what scenarios is it not okay?
In my opinion, non of these scenarios would qualify for a legal overspending of money, taking on debt and transfering wealth from taxpayers to banks by method of interest rates.
Europe is illegally occupied by the US
Depends on which social system, why you can't afford it, and what the economic and/or human benefits of the spending are.Originally Posted by Maximus Zeebra
Yes, this is a good idea. An imploded financial system would devastate the global economy.Originally Posted by Maximus Zeebra
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I can't. This is important.
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