Fine Zach . . . You can pay my share of the debt . . . when/if it comes due.
That is because the interest rates are at amazingly, historically low levels at the moment. It is virtually impossible to keep those rates that low for a long period of time. In fact, when the rates rise to historical levels, the amount required to service the debt explodes.
This guy does not know anything about the bond market. And he has not watched Greece. Their rates were lower and as their debt grew the rates moved up. Then the rollover interest started to snowball and here we are. Disaster.