Mish always finds an interesting article to link up.
In this case, one telling about a Congressional Budget Office estimate that public debt could go as high as 750% of GDP and interest payments on it could be as high as 30%, if current policies are continued for one person’s lifetime. Unless we do a bit of slash-and-burn on checks written that our collective ass can’t cash, we’re S.C.R.E.W.E.D.
Hmm? Icky numbers!. Hey look, Can You DUET is on! Don’t you just love that show?