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East of Broken Bow | I'm concerned about the debt. While on paper, the current debt to asset ratio might not look all that bad, I have to ask what you would think of the country's current 'cash flow' situation?
Would you want to loan additional money to someone who has had to borrow more money, just to make the interest payments on their debt for 29 of the last 30 years? (and in that one year, no debt was paid down, it just didn't grow).
The debt is growing exponentially, and the GDP is not. Unless something changes, there will come a point of no return. Simply borrowing more money is not the answer. | |
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Is Biden going to risk a constitutional crises by going around the debt limit.
