Quote from Texas:
duh
anyone calculated latest US debt
Given one trillion seconds takes us back 32,000 years, and we've got eh......about $64 trillion in government elapsed debt + unfunded liabilities, it's basicially mathematically impossible to repay principal. Hence the focus is compound interest and continuing to entice Oriental buyers of T-Bonds. Ahh so and wun hung lo.
That's my point. What's your point? Duh? Captivated by shiny things? I have a cat like that.
I also prefer Doy, toward foregone conclusions. There's NO free lunch and ALWAYS someone on the other side of the trade.
Post script, there's unknown trillions of derivatives in the private sector with generally unknown counter-parties. Can you say renege?
