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The problem is that their incomes may fall, but their debt payments - if they debt involves fixed interest rates - may not.
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("Dis yere," their guide, Captain Boggs, tells them, "is where de inmates pays off they debts to society").
If they were in debt they had to make a plan for getting more rest.
The difference is that after they buy the debt, they "obliterate" it.
"They're trying to hold on, so they get debt extensions," she says.
They are: Debt sustainability.
In their own households they love debt.
They denounce debt relief, calling it a reward for the undeserving.
The new CBO numbers are out, and they scream "debt crisis?
They prefer debt because buying lots of shares in foreign firms can be controversial.
And since bank reserves now pay interest, well, aren't they just debt?
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