Government debt a lynchpin of financial market stability | New Straits Times

📆 12/06/2020 05:20:00
📰 NST_Online

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NSTopinion While some worry about the burden of govt debt passing on to future generations in the form of higher taxes, it has to be highlighted that it is customary for governments to roll over their maturing debt with issuance of fresh debt.

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BAD PLANNING, as usual. Please do not BLAME Covid-19, it is a BAD HABIT from long ago of our planners, see the 'now' & 'self' only, dont plan better2clear their debts so the next generation enjoys life debt-free. Borrowing is ALWAYS easy, so is TAKING, PAYBACK is another story.

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