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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: NOW who wrote (91204)12/5/2008 3:19:27 AM
From: John Metcalf2 Recommendations  Read Replies (2) of 116555
 
No. I've been debt-free for almost ten years, and would not consider borrowing for any purpose.

For someone who appreciates the unconstrained life choices of owing nothing, debt is not attractive. Simply put, if you have attained freedom from debt, it has come with sacrifices that you will not willingly repeat by acquiring debt again.

Remaining debt-free is a personal/philosophical/ethical decision, not a financial one.
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