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209 - If global warming is the question, free public transport is the answer

The David McWilliams Podcast

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The Dirty Little Secret Is Nobody Ever Pays Them Back

Bonds are never paid back, so you just pay the interest every year. The dirty little secret is nobody ever pays them back. They're rolled over. So it's unbelievably feasible to do this right now. And your face with te, know, ten % intrustrates at the time that you've got a roll over your meanmarine debts. Why? Because there's a mass of crisis. There’s amass of crisis. Rit less. Your face with 10% intrustrate at the time  that you’ve got a roll-over your mean marine debts. Isn’t that amazing? Th just tont pa te like, ye.

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