The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Skeeter Bug who wrote (202546)	5/15/2009 8:18:12 PM
From: koan	Read Replies (3) of 306849

Our society loaned money to private business and we put everyone back to work doing things our society needed and so by the 1950's both personal and govenrment debt were low. Personal debt went straight down for 18 years from 1932 to 1950. We had grown out of the GD with lots of governmentstimulous which funded new businesses and infrastructure. If one takes out a loan to buy and boat and then catches a lot of fish, they make money for temsleves and contribute to society. And if the government makes that loan, eveyone wins as the fisherman pays back the loan----with interest.

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