HomeNewsGovernment Debt Is Starting to Look Almost as Sketchy as Payday Loans

Government Debt Is Starting to Look Almost as Sketchy as Payday Loans

As government seek ever larger amounts of debt to finance more spending, they’re embracing huge debt levels in the way a broke consumer might embrace payday loans. In the end, we’re left with nothing but a flimsy promise to pay. 

Original Article: “Government Debt Is Starting to Look Almost as Sketchy as Payday Loans

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.

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