This blog post showed up in my G+ feed from a colleague from UVA.
The author describes “technical debt” as the short-sighted decisions made in the past on a project which ultimately “come due” at some point in the future. It examines the paradigms of ‘whiz kids’ and ‘greybeards’ and how there is a continual tug-of-war between the two camps. While I am not sure I agree with the mass categorization, it is true that there are people who care about/plan for the future and there are people who are only focused on the tactical problem at hand.
Essentially, the author is saying “The ghosts of past decisions will bring ruin on the project’s future”. That has to be inspired by some Shakespearian quote..