one young writers view of ruddcash, page-8

Hey billy, got to admit you had me a little confused on the other thread, lol.

Misty, I would be extremely surprised if you can find any economists that believe $200b in debit can be paid off in only 5 years. At only 5% interest per annum (while rates are currently low) leaves $10b in interest payments alone that must be paid back.

Depending on how diligent the government of the day is (and how many cut backs to schools, hospitals, ports, road, rail etc, etc and how high tax hikes become), it would be more likely to be 15 - 30 years before such monstrous debit could be repaid, IMO (and a few economist I have heard on ABC News Radio).

Cheers.