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To: ctdonath2
When interest payments exceed revenue, the system stops.

In the mean time, those interest payments represent very non-productive expenditures.

I'm trying to remember where I read the stages of the actual stopping point. It comes before the point interest payments exceed revenue. It was a thread here on FR. At the point interest payments severely impact ability to fund basic government functions.

19 posted on 01/01/2013 7:13:39 PM PST by gunsequalfreedom (Conservative is not a label of convenience. It is a guide to your actions.)
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To: gunsequalfreedom

Yes, it stops somewhere before then. It is at least a hard line which nobody can argue beyond. It’s a reality check for idiots.


20 posted on 01/01/2013 7:21:41 PM PST by ctdonath2 (End of debate. Your move.)
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