its a bit strange to see people quote figures here:
if the dollar has been losing over 50% per generation for over 50 consecutive years.
What does this make the figures quoted above?
I'd expect somewhere between: whatever you hope they are, and whatever you fear they are.
We are playing a dud hand at poker and I hate the fact that pretending we're not has become a part of the American psyche.
Frankly, there is absolutely zero chance of the debt ever being repaid whatever the number is.. the question should be:
Who do we owe it to and how/what plans can we make to make them happy ( or.. my favourite: fuck them and be like Iceland / Argentina