Borrowing to pay for imports
Borrowing from the banks could pay to imports to provide us with green energy? Next generations will pay back…
We can do it a bit, but is it fair? Isn’t it a displacement of the problem? It won’t provide domestic jobs, while nothing guarantees that foreign corporations will produce green products without GHG emissions.
We can’t do it much, or the currency would collapse once imports flagrantly surpass exports, which will make imported goods expensive for rich and poor alike.