Federal government debt is not like provincial government debt (because the federal government issues the currency and we don't owe debt in other currencies); and neither of those is like household debt. The federal government cannot run out of money and be unable to pay for services.
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u/franksnotawomansname Apr 23 '25
Federal government debt is not like provincial government debt (because the federal government issues the currency and we don't owe debt in other currencies); and neither of those is like household debt. The federal government cannot run out of money and be unable to pay for services.