- Apr 13, 2011
Over last couple of weeks we had to endure several politicians, advisers and economists tell us that governments don't repay their debt, but they roll it over. so we don't have to worry about the total size of debt. One example is Seamus Coffey. Is it true? If so how much can the country roll over every so often? If not what's the downside of rolling over debt? What happens if you can't roll over debt?