To ourselves, 68%, Treasuries.
Yes, print more money and we can make it 100%. True to how screwed up you are, you actually think that can work. "Ah, we owe it to ourselves...no big deal - more debt is needed."
What a laugh.
To ourselves, 68%, Treasuries.
Because we can pay it back, and do. It's not all due at once. Not even most of it.
In all fairness, when a young man is just starting out and raising a family, even though his income is growing each year his debt may be sky rocketing, especially after the first house. And as world civilizations go, we are still pretty young. But at some point, you would like to see a little token of maturity, like a token payment on the debt. But, you know, boys will be boys.Then why is it the debt continues to increase year after year? I mean, if we're paying it back.
Because Treasuries are regarded as a safe place to park savings.Then why is it the debt continues to increase year after year?
Because Treasuries are regarded as a safe place to park savings.
In all fairness, when a young man is just starting out and raising a family, even though his income is growing each year his debt may be sky rocketing, especially after the first house. And as world civilizations go, we are still pretty young. But at some point, you would like to see a little token of maturity, like a token payment on the debt. But, you know, boys will be boys.