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Original Message
RE: Is this a catastrophe?
Posted by pictureguy on May 20, 2023 at 12:02:53:
If i understand correctly, to 'service' the debt is not to Reduce it? You are basically just paying the interest without dinging the principal....
Between debt and inflation, the average US citizen will be in near-poverty status before the end of this century.
Give politicians an 'infinite' credit card and you got problems.....