"This appears to be peak debt". . . . Actually it is not possible to run out of numbers - there is always room as long as the govt issues more money. More debt can always be created by issuing currency to service existing debt. To suggest there is a limit is very silly. If there is a magic number that is peak debt - what is it? It only exists as complete dogma. If the govt stops/stopped issuing currency, then hoarding capitalists would suck society dry and unemployment would skyrocket - i.e. economic depression. If, if, if, if, if. . . Actually people have been smart enough for quite a long time to know that you just issue more currency and that solves the problem.