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If we do in fact just owe it to ourselves, let's save everyone a bunch of trouble and just nullify the debt.
I think that was their (circular) reasoning! But, alas, we also owe it to China, Japan and a whole bunch of other countries. I don’t think we want to screw a whole bunch of pensioners with a default, do we?
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Also, I'm pretty sure none of those debt payments are coming my way.
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Nope, the payments aren’t coming your way but you can count on seeing the bills for it! We will be paying a long time to pay this off.
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