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Politics : PRESIDENT GEORGE W. BUSH
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To: Neocon who wrote (285868)8/12/2002 2:16:35 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
That's the problematic difference between Governments and businesses: nations are sovereign entities... there is no defined limit to their ability to 'issue debt' because they print the money also.

There are only political (and practical) limits to the debt they can run up... no legal limits.
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