Debt Management and Refinancing Discussion

Put it on the card. Everybody takes it.

What? I haven't even hit the limit.

There's a payment due and the interest is piling up.

You've got quite a situation here.

Easy.

Hello? It's me again. Fancy another round of investment?

It's risk-free

for me.

See?

Wait, you just borrowed new money to pay the old

bill?

We call that refinancing.

How are you still getting loans? Shouldn't your financial situation have

gotten you blacklisted by now?

Well, everyone needs my dollars, and my IOs happen to be

denominated in my dollars.

Convenient, huh?

You're getting close to the debt ceiling. Maybe you could put something back?

Are you crazy? These are urgently needed.

I know what your priorities are now.

And if I hit the ceiling, I'll just move the ceiling,

like I always do.

Who's gonna handle the debt finally?

Relax. Just kick the can down the road.

Future Eagles will handle it.