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You are right. I teach about personal debt but
having our country hocked up to its ears is going to be bad for us as well.
posted by
SuccessWarrior
on July 28, 2007 at 8:18 AM
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I think its cyclic.
Money concentrates like a coiled spring. When the even-up" comes, the motre you had, the harder you fall...or maybe wind up in front of a firing squad.
Accruing debt to just a few countries is also not helping a lot (i.e., China and OPEC).
posted by
majroj
on July 27, 2007 at 12:19 PM
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