How Much Is The National Debt Today? Message Board

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Pastimes : How Much Is The National Debt Today?

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To: Crocodile who wrote (73)	12/4/2004 7:31:28 PM
From: Oak Tree	of 110

CROCODILE, Thanks for the well thought out comments. You were failrly careful to mention the problems but not the solutions however -- much easier for all of us I guess. You commented on the Canadian $ doing Ok vis the USD. That however won't last since about the only ones canadians trade with are the USA. What about Quan and Yen? Are you buying either now that the CA$ is up?. There are plenty of places in the US and in CA that have not seen a real estate boom in prices. Many have in fact been stable for over a decade. In many of these (for example many cities just south of CA like Rochester NY where I live), you can buy property for lower than it could ever be replaced. "Overpriced" real estate can go down but historically "underpriced" real estate doesn't -- even when times are bad. The question is what is over or under-priced. Your point however about not getting into debt is key. If you are in debt make sure you have a fixed low rate.

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