28 CBO: $100 trillion in new debt projected over next 30 years. Debt will total 202% of GDP in 2051. (End of civilization stuff right here) (www.washingtontimes.com) posted 41 days ago by tacoBear 41 days ago by tacoBear +29 / -1 10 comments share 10 comments share save hide report block hide child comments Comments (10) sorted by: top new old worst You're viewing a single comment thread. View all comments, or full comment thread. ▲ 2 ▼ – phuckles 2 points 41 days ago +2 / -0 Not really. The truth about Debt is that it can be kicked down the road pretty much forever. Unless it's personal debt. Then you'll get Repo'ed. permalink save report block reply ▲ 1 ▼ – tacoBear [S] 1 point 41 days ago +1 / -0 National debt has only grown, and is showing no signs of slowing down. Don't forget that there will be more crises down the line. permalink parent save report block reply ▲ 1 ▼ – phuckles 1 point 41 days ago +1 / -0 And there will always be a future to kick it down to. permalink parent save report block reply
Not really.
The truth about Debt is that it can be kicked down the road pretty much forever. Unless it's personal debt. Then you'll get Repo'ed.
National debt has only grown, and is showing no signs of slowing down. Don't forget that there will be more crises down the line.
And there will always be a future to kick it down to.