Recession Or Debts, Which Is More Manageable And Preferable To Bare? - Politics - Nairaland
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| Recession Or Debts, Which Is More Manageable And Preferable To Bare? by Sibrah: 5:11pm On Oct 13, 2021 |
We have borrowed and spent our way out of recession and I was wondering if trading recession for debt was the right call. Recession as I know it is negative growth and is bound to go away with hardwork and some market luck, but debt is not just implicative of deficit, it comes with interest which has to be paid with a more severe form of hard work than for recession recovery. Was it worth it trading off recession for debts? |
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