<<<I think 80% of the people in this country are living beyond their means, life is just somekinds of gambling, some win and some lose, that is it.>>>>
Hey you said it I didn't, but you see the one who 'lose' usually have to declare bankruptcy there is no IMF or Money center banks to bail them out now, do they? That is how 'free enterprise' works.
<<<I do not think it is wrong to borrow money, if you use the money to do something productive, like build your factories, highway to increase the productivity of the country.>>
No absolutely not, but if one can't repay the loan one must be suffer the consequences,and that normally does not include borrowing more money. |