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A comment on Debt Worldwide Hits Record $86k per Person. Parent comment

Re:Debt Worldwide Hits Record $86k per Person by jklein11 on Friday December 14, 2018 @04:58PM (#18685215)
>>Does anyone actually still believe that these debts will all someday be repayed?

I believe that all debts will be repaid. They will either be repaid by the borrow or by the lender, when the borrow can't pay and the lender has to bail them out.

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Re:Debt Worldwide Hits Record $86k per Person by chewz on Friday December 14, 2018 @05:06PM (#18685287)
That's quite rare for debt to be repaid or defaulted upon.

Most of the debt is usually just rolled over. Think credit cards, treasury bills, commercial bonds etc.

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Re:Debt Worldwide Hits Record $86k per Person by jklein11 on Saturday December 15, 2018 @09:04AM (#18688415)
Do you have any sources to back that up? I find it hard to believe that credit cards aren't either paid back or ultimately end in bankruptcy. It grows at ~20% per year!
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