the u.s.of a (not b or c) but a

  1. 323 Posts.
    Please correct my understanding the USofA are increasing debt ceiling means borrowing more money. If that is the case, it would means they are using borrowed money to help repaying the debt (borrowed money) that they had.

    Would that means the lender paying the debt which should be paid by the debtor? In this case the debtor comes to the lender to borrow more money so that they can pay that borrowed money? is that make sense at all?

    If those above correct, I would love to borrow some money and go to the lenders and ask for more money to repay those borrowed money.

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