I dont think we've even reached the worst possible scenario in terms of debt, in the first world there are still norms and legal obsticles to the idea of inherited debt for instance, in the third world debts can be inherited by families, children or kin in manners which are totally amazing and which only ever increase, at least in manner which are not likely to diminish the debt enough for it to be paid off in a single life time.
Although I tend to think that personal debt is another of the "little man" problems, it doesnt even politically or socially register beyond a certain point, I mean in the same week that in the UK they have introduced very stringent measures upon mortgage loans, including personal interviews which will question whether you should have a loan if you have a mobile phone contract or gym membership or anything pretty much which makes it appear like you think you could be employed and in receipt of income a month from now, there were people announcing three million personal profits from the sell of royal mail by their politicians friends or bankers at the nationalised royal bank of scotland, who only managed to make marginally less of a loss than last year, who wanted a bonus amounting to two years of their income, and they are millionaires already too.
I think a lot of the time people miss that side of things, and its fecking ridiculous.
