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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (75287)6/18/2011 2:18:44 AM
From: elmatador1 Recommendation  Respond to of 218023
 
MQ is mute Philv.



To: philv who wrote (75287)6/18/2011 8:18:39 AM
From: Maurice Winn1 Recommendation  Respond to of 218023
 
Yes, and in that case you can double the GDP per capita as those not earning don't count: < I think realistically, since it has been proven that you cannot get blood out of a stone, you can likely double your debt charge figure per person per year. And that is at today's incredibly low interest rates. >

So it doesn't matter really. It's the averages that count.

I have had more debt than that myself [once upon a time] and it was no biggie. Paid off in a couple of years.

The point is that the debt is not wildly beyond manageable, though the trends are bad to terrible. If people start rioting, cutting production and GDP as in Egypt, then things could turn very bad very fast.

Keeping perspective, or, as Alfred E Neuman would say, "What? Me Worry?"
Mqurice