A couple related stories:
- Believe it or not, we were on a trajectory as of 2000 to have the national debt paid paid off by 2012. But not having any debt raised its own interesting set of problems. The following link explains, click here for a once classified document detailing the concern. For example: what happens when there are no more treasury notes for the financial sectors to invest in? (commentary here, and here)
- A "seven decades long experiment" seems to be coming to an end. Do we have any idea what comes next? What will life after debt look like?
