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26 August, 03:39

In the long-run, an increase in the national debt is "bad" because it

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  1. 26 August, 04:05
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    Just by the definition of it, debt is a bad situation. So in the long run if the national debt increases there will be increase in the payments that are done towards interests. This might bring the government budgets into deficit because the income and revenue may fell short due increasing interests.
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