The borrowing binge of the 1980's has exhausted the capacity for leveraged economic growth, analysts said.
But serious analysts know that America's borrowing binge is unsustainable.
But economists are not willing to call how the current borrowing binge might play out.
Maybe it would still have had an unsustainable borrowing binge, although in another currency.
They couldn't lower short-term interest rates until the Government bit the bullet and stopped its three-year borrowing binge.
He was the person regularly predicting that Britain's borrowing binge would end in tears.
The costs of a six-year borrowing binge won't be recovered in a news conference.
This borrowing binge clearly kept interest rates higher than they would otherwise have been during all phases of the business cycle spanning the years 1982-87.
But there is still plenty of reason to worry about the United States' borrowing binge.
Between 2001 and 2007, Americans went on an incredible borrowing binge, nearly doubling their household debt.