That's just crazy.
Nothing to worry about, we won’t run out of money, they will just print more as we need it...
“Using the rule of 70, that debt will double in less than 3 years.
That’s just crazy.”
What’s crazy is sing credit cards as loans - what’s criminal is the admin that screwed the economy to the point where credit card companies can be loan sharks...at least when Carter fu..ed the economy with high interest rates, our bank accounts also gave us larger returns - my credit union give between 0.3% and 0.5% which is all lopsided - back then, I got more interest on 7k than I do on 120K today.