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Alan Simpson then weighed in and declared that it would be less than two years — presumably based on his deep knowledge of markets and debt history, which he somehow acquired without anyone noticing.
In a country with a chequered debt history, higher borrowing worries some: Héctor Aguilar Camín, a commentator, likens it to an alcoholic having his first drink after many years on the wagon.
As part of that long-term project, I've been looking at the long-term debt history of the United States, using both the Fed's flow of funds data (which start in 1952) and the earlier, not quite comparable, data from Millennial Historical Statistics.
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Ms. Ransfer and her husband, Kenneth, both 56, have complicated student-debt histories, with undergraduate loans, a past default, and more loans and a deferral while Mr. Ransfer attended divinity school.
And it is Congress that is largely responsible for the largest debt in history.
This wasn't about the spectacle on the night: it was about clearing a debt to history.
To repeat, the largest peacetime increase in debt in history led to average inflation.
The Greek deal with banks and other lenders is the largest restructuring of government debt in history.
In the largest restructuring of government debt in history, lenders and banks wiped 105bn euros ($138bn , £88bn off Greece's debt burden.
Interest rates in Amsterdam were around 3.5% for the government and 4.5% for commercial borrowers, typical of gold-linked debt throughout history.
The Greek deal with banks and other lenders is the largest restructuring of government debt in history, clearing the way for the country to receive a bailout worth 130bn euros.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com