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McCoy 2y ago

Imagine your household makes $100-120k per year and owes $5-6 million in debt.

This is the ballpark situation for the US gov.

If a family member suggested a path forward was to spend less and stop borrowing. Would you shut them down or consider this advice?

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BTCrevolutionary 2y ago

Consider their advice.

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I3_I2_I_Z 2y ago

and to think - if that 100K family put half of their income towawards paying

that debt - it would still take them 100 years to pay it off.