“The money to pay off the loan interest has to come from somewhere- countries aren’t loaning us the money free of interest that I know of”
Well in this case the loan interest is being paid to the SS Administration because they have been loaning excess funds out. They aren’t doing any borrowing that I am aware of.
[[Well in this case the loan interest is being paid to the SS Administration because they have been loaning excess funds out.]]
I’m not sure the money does come with interest charges when ‘borrowed’ from SS- I could be wrong though- but even if it is, it’s still not what can be gained with direct investments- and there’s the issue of the government having to pay back the loans from other countries, and again them money comes from somewhere- it’s always a game of robbing peter to pay paul
[[They aren’t doing any borrowing that I am aware of.]]
I believe the govnemernt has to borrow from other countries to pay back what they ‘borrow’ from SS