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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Either way I look at it similar to how
@nntaleb discusses sovereign debt. Its easy to say "oh we don't have to pay it down" but it still increases our fragility and eventually a shock we can't recover from may hit. -
It shouldn't be controversial to say "we should keep the debt to a moderate level and avoid raising it unnecessarily. WWII was, arguably, *necessary.* It SHOULD be controversial to just keep boosting it and boosting it without justification AND no plan in place to reduce it.
End of conversation
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