http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/ Sun, 11 Sep 2011 10:50:10 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/comment-page-1/#comment-1355 go8p Wed, 23 Dec 2009 21:58:27 +0000 http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/#comment-1355 Yes. Argentina and Brazil are recent examples. If you borrow too much and can't repay you go bankrupt. This principle applies to everyone, even governments. Yes. Argentina and Brazil are recent examples.
If you borrow too much and can’t repay you go bankrupt. This principle applies to everyone, even governments.

]]> http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/comment-page-1/#comment-1354 psychologist_4u Wed, 23 Dec 2009 04:16:43 +0000 http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/#comment-1354 If you're talking U.S. it already IS bankrupt ! meaning it does not have enough gold/ reserves, to pay all it's debt. Fortunately other countries don't/ wont 'call' in that debt. Public debt / Govt. debt are one and the same since the Govt. IS the people [ or is supposed to be ! ], the same principles apply to governments as to individuals, if you spend more than you 'earn' you go broke !! So, Govt. spending [ health, military, education, administration, etc. ] exceeds 'earnings [ taxes mostly ] meaning they / you are BROKE !! If you’re talking U.S. it already IS bankrupt ! meaning it does not have enough gold/ reserves, to pay all it’s debt. Fortunately other countries don’t/ wont ‘call’ in that debt. Public debt / Govt. debt are one and the same since the Govt. IS the people [ or is supposed to be ! ], the same principles apply to governments as to individuals, if you spend more than you ‘earn’ you go broke !! So, Govt. spending [ health, military, education, administration, etc. ] exceeds ‘earnings [ taxes mostly ] meaning they / you are BROKE !!

]]> http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/comment-page-1/#comment-1353 FORD-MAN Wed, 23 Dec 2009 02:57:44 +0000 http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/#comment-1353 It's not public debt that's a problem , it's the government ( Bush ) overspending and borrowing more to try and stay solvent. Where would you be if you spent money the way Bush does . . . bankruptcy court weekly . It’s not public debt that’s a problem , it’s the government
( Bush ) overspending and borrowing more to try and stay solvent. Where would you be if you spent money the way Bush does . . . bankruptcy court weekly .

]]> http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/comment-page-1/#comment-1352 tricky Tue, 22 Dec 2009 17:19:53 +0000 http://debtreliefreviews.net/can-large-public-debt-causethe-bankruptcy-of-the-governmentmaking-it-unable-to-meet-its-financial-obligation/#comment-1352 yes if the other countries who own are debt want all the money or if there rates are raised more then we can raise others to pay for it yes if the other countries who own are debt want all the money or if there rates are raised more then we can raise others to pay for it

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