Unless you default on it of course! Then you don't have to pay it :) It is incredibly common in modern times, for individuals, for companies, and for countries!
Yes - it is going to happen more and more too... sounds like a working economy!
Who owns Vanguard? I am going to argue that YOU do.
Very likely somewhere. This is something that a lot of people don't get about the investment funds - we do this to ourselves :) Police, teachers, nurses - complain about the investors, but it is their retirement money that is investing.
And if I do, I can't say that the future is bleak, can I?
The future of the traditional economy is definitely bleak! That is why I am opting out of it where I can :D
The solution as I see it, are new assets and mechanisms that are decentralized and able to be walked away from and unsupported if they become too controlling. One thing Hive has proven is the power of being able to walk away.
Yes, more and more we are developing parallel economies. I know the case of the United States. On one side, the United States (at least certain population) never got out of the recession of 2007-08! While the 'other' population is thriving driving their Teslas! It's bizzare!
The Finnish government for the first time in history, never got back into the black either. It is a bizarre world we have encouraged.