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To: Typical_Whitey

Look at nations as individuals. There is a community of Nations. Each nation has an income. Each Nation has an income. Each nation has a debt
The same with individuals in a community. Responsible people know their numbers; irresponsible people don’t.
You must be able to pay your debt and meet your obligations with your income. You must not allow your debt to become so large that you cannot meet it with the income you have. There comes a point when you must cut up your credit cards.


50 posted on 09/20/2012 6:36:21 AM PDT by xzins (Retired Army Chaplain and Proud of It! True supporters of our troops pray for their victory!)
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To: xzins

Each nation has a debt


Before Libya was overtaken they had no debt. They also had massive gold reserves,sweet crude and was finally able to retrieve fossil water that they had been drilling for decades for.

so no debt and having stuff can get you in trouble..

http://www.wriseup.com/?p=4966


61 posted on 09/20/2012 8:21:39 AM PDT by freedommom
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