To: unseen
If you don't like debt, don't get into it. Not too complicated.
44 posted on
03/10/2006 8:00:23 PM PST by
1rudeboy
To: 1rudeboy
not in debt. But the governments debt and the personal debt rate among the nation will and does effect me in several ways. The increase in trade debt gives American weatlh flowing out of America. Long term bad for America. the national debt gives the holders of that debt power over America in this case China long term bad for America. The increase in the personal debt rate increases bankruptcy which increase fees and rates for me. Long term bad for everyone. So while I choose not to be in debt and invest the increasing rates of debt to net worth in this country effects me and everyone else effecting our long term standard of living.
52 posted on
03/10/2006 8:10:00 PM PST by
unseen
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson