RascalRiley wrote:
We, the entire would, would not have what we have without borrowing from the future. Most countries can not live within their means. Credit card debt and usury loans for individuals.
Why?
Greed.
Having more is seen as a good thing.
Just so you know. A country with a certain amount of SERVICEABLE debt is not unhealthy. The real worry is debt to GDP ratio. We are closing in on debt so massive it cannot be serviced.