[redgolum]

Borrowing money for large purchases like a house or car is one thing. Using credit to buy fast food at Mc Donald's is another.

It doesn't help the economy, it just makes it speed down the slope to the point where you can't pay the interest on your debts. We are close to that point now.

[jveritas]

You are wrong.

Some dumb economists have been predicitng this gloom and doom scenario for the lat 30 years and our standard of living are getting better and better and better, and our economy is growing and growing, and growing