[durasell]

You understand that we're sending money out and other countries are sending goods in, right? Our national debt is now 5 point something of the budget and rising, not counting private bonds, such as mortgages etc. that are held by the Chinese and Japanese. And that consumer debt, acquired in the purchase of imported goods, is at an all time high.

[Haro_546]

Debt is a sign of prosperity. If you borrow it means you are projecting hire revenue to pay for it.

[Moonman62]

Our national debt is now 5 point something of the budget and rising, not counting private bonds, such as mortgages etc. that are held by the Chinese and Japanese. And that consumer debt, acquired in the purchase of imported goods, is at an all time high.

If lenders want to send us money, let them. If we can't pay, they'll be the bag holders, and they know it. If they think we can't pay, they'll stop sending money and the imbalance will correct itself. You said yourself that you would pick our economy over any other. Our lenders are doing the same thing.

While the spending and borrowing going on in Washington is unethical, it's still not near the point to cause a financial crisis.

[Toddsterpatriot]

You understand that we're sending money paper out and other countries are sending goods in, right? Our national debt is now 5 point something of the budget and rising falling, not counting private bonds, such as mortgages etc. that are held by the Chinese and Japanese. And that consumer debt household net worth, acquired in the purchase of imported goods, is at an all time high.