I don’t buy the 20 year figure. The debt is increasing exponentially. We are currently adding a trillion dollars to the debt every 100 days. And that figure is increasing.
The debt is increasing exponentially. We are currently adding a trillion dollars to the debt every 100 days. And that figure is increasing.
+++++++++++
Oh, he feels the piston scraping
Steam breaking on his brow
Old Charlie stole the handle
And the train it won’t stop going
Oh no way to slow down
Each quarter there are financial instruments to be paid out and others to be bought, so the amount added to the ND varies.
The bad news is, as you suggested, the costs associated with those transactions will only keep increasing.
I don't buy that we have 20 years more to party, either.