For me as a citizen of the country , I do hereby believe that it mostly epends on what kind or the usage being done for its goverment , but if the question mainly interrogates reguarding the recent calamities that played our country well I do postively know that it is in a legal purpose, just one thing why is Malyasia , China and Japan using the said system but 20% of them commits an unsolved crime and conflict, Malaysia is also doin this same kind to the world bank.
Nobody decides how much money the government has to borrow. When the government wants to borrow money it has to issue or create debt with the US Treasury.
yes. states can borrow money from citizens through government bonds
ask the Philippine embassy
The Executive Branch
constitutionally limited
The power that is given to congress is the ability to borrow money.
Depends on what you are borrowing it for. Small business loans, FHA loans, student loans are through different agencies. You don't borrow directly from the government. You borrow from a private lender, and a government program guarantees them repayment.
none
Cooperatives are organized groups that borrow money from the government in order to finance the installation of electrical services. This was part of the New Deal legislation.
None, they borrow it from the people.... and waste all of it on AIG...
YesYes
18, must be of legal age to enter into a binding contract.