> ... And that just means that the debt is growing faster than the economy. Just like in the EU: they've been hiding "growth" behind public debt. But that's fa

> ... And that just means that the debt is growing faster than the economy. Just like in the EU: they've been hiding "growth" behind public debt. But that's fake growth, where nothing of value is created. And there's a limit and that limit is now being reached. They'll kick the can down the road a bit more but... Out of the 150 cases or so throughout history where public debt reached crazy level, there's one case where it didn't go to complete shit: Japan. And somehow all these geniuses at the bar are certain they'll manage to pull a Japan and not fail miserably like in the 149 cases where the state did default. We have monkeys at the helm and it's going to end up ugly.