Quote:
Originally Posted by Riot
Who is telling you we can't repay our debt? That's not true. We are repaying our debt. We always repay our debt. Our AAA credit rating is because we repay our debt..
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That's a fairytail. We always pay the interest on our debt and like a good credit card customer keep those balances at the limit even if the limit keeps going up. We even 'borrow' from our fixed income grandparents to keep it going. Even when we tax and or make more we always find something to spend it on whether it be a war or paying for and destroying cars so people will buy new ones.
What was the last year we paid down our debt and not just interest towards the debt? How much was the paydown? lol There is a point of no return and sadly we're headed full steam for it!