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re: POLL: Will the US default?

Posted on 10/16/13 at 9:14 am to
Posted by Duke
Twin Lakes, CO
Member since Jan 2008
35666 posts
Posted on 10/16/13 at 9:14 am to
quote:


As a population, we are bounded by land and resources. Birth rates are on a major decline, and if not for immigration, our population would actually be declining the last few years.


Of course I understand that. We have immigrants though. We are still the biggest economy in the world. There's plenty of potential for growth out there. Of course there is a limit to the population we can support, but I don't believe we're there yet. (Yes though, finite is by definition true)

quote:


And our debt is infinite because it has no limit (we keep raising it)



It has a limit. Sure it's about the time we can't pay it off and default, but there is a limit to how high it can go. (I love semantics)
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