Quote:
Originally Posted by DaiNasty
Every western economy seems to be borrowing money hand over fist. But where does that money come from?
Can anyone point me to a simple explanation of this system as it seems to me as a financial innocent that there must be a magic money tree somewhere.
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They not actually borrowing, the term is misleading.
Usually they sell bonds to countries like china. Or it could be as simple as printing money.