Compound Interest

Sharpie penmaster Carl Richards has a great visual on the ravaging impact of compound interest in the context of the federal debt as well as our our personal debt. I love the quote late in the piece about interest never sleeping. Debt restrains flexibility on every level. Today is the long awaited day the government hits the debt limit . The hard decisions we are failing to make today will likely be revisited upon us in larger ,more distasteful form in the not too distant future.