When is all this debt due?
If I borrowed $1,000,000 when I was 21, when would I have to pay it back?
The answer is that it would be in the terms of the loan, which would have to be within my life span.
The US can borrow for a very very long time, since it does not have a life span.
The US does have a time frame to pay off current loans, 1 year, 10 year 30 year or whatever. But it can always borrow more ... forever.
Only when the country fails can the creditors come collect the assets or at least whats left of them.
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