Quote:
Originally Posted by Slava
Yeah they did that in the 90's because they had to. Its not even political at this point, it's the way things are. We aren't suddenly going to come up with $619billion and be in the black. If anyone actually proposed that they would get destroyed in an election.
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Obviously, but again, you can pay it back over time.
When you take out a mtge, you are completely incapable of cutting a cheque to pay it all off. But that doesn't mean you can't pay it off over time.
I get your point, that there is little to no appetite to pay it back, but there was in the 90s, and there can/will be again.