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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Skeeter Bug who wrote (234015)12/22/2009 5:46:24 PM
From: GraceZRead Replies (2) of 306849
 
Let's assume you are right. Apparently, according to your example, the US has become poorer and poorer throughout its history because debt has grown along with the country (along with our bank accounts). We must be poorer than we were in the beginning of this country, when there was no US debt (actually this country was settled using indentured labor so debt has been around since the first inhabitants left their native countries).
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