But in reality
The people who they owe money to, want them to borrow more money, so they can pay back the money they borrowed, to the people they borrowed it from in the first place.
They can, if they agree to spend less when they borrow more, so that they can pay back more when they borrow more.
Then they can borrow more next time.
Posted By: Jester on June 25th 2015 at 14:33:02
Message Thread
- I'm in debt. in order to pay the people i owe money to, i need to borrow some more money (General Chat) - Chris Peacock, Jun 25, 14:27:01
- if you owe the Bank ?100 it's your problem. Owe them ?100m and it becomes their problem. (General Chat) - CWC, Jun 25, 18:35:27
- But in reality (General Chat) - Jester, Jun 25, 14:33:02
- If only it were that simple. (n/m) (General Chat) - dennis moore, Jun 25, 14:59:26
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