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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: GraceZ who wrote (69084)2/18/2001 10:48:54 PM
From: Bid Buster  Read Replies (1) of 436258
 
Debt is only really a problem when it is used for consumption or non-productive assets.

like i said we have a nation of sheep.. you have eyes but can not see.
yes you can make capitol expenditures in biz to generate profits.
but what about the frivlious decadence of 12,000 sq ft homes with copper roofs?, suv's, right on down to color coordinated extention cords?
and lets not forget another debt instrument, the corporate bond ie; amzn,xrx or irid
sorry my clown friend, the vast majority of debt in this country IS for consumption and non productive assets.

i stand by what i believe, the money has to come from some where to pay the interest and that somewhere is off the treasuries printing press
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