In a perfect world everyone would have manageable debt levels and spend every dollar of income wisely.
Sadly this has not been the case for NZ.
Our State has squandered, squandered and more squandered our income. Followed by borrowed, borrowed and more borrowed our debt.
We might like to pretend that State debt is not "our" debt but that isn't the case. It is. We all own it.
Realistically we have only two choices.
The first would be to put our faith in the two Ronnies of economics, Goff and Cunliffe.
Which isn't really a choice at all.
So what it actually means is that we will have to make the most of the second.
As I said - it's not a perfect world.
366 days of gratitude
1 hour ago