Back when people actually understood how economics work. Sad we cant even seem to do basic math these days. Or is the problem the normalization of debt? Debt is abnormal. Credit? A Concept that has become normalized during our generation. Think back, how did your parents buy things when you were a child? Checks or cash, most people didnt even have a mortgage. Living outside our means and racking up debt just makes us accept that what the government is doing is normal. Much like us there is an end to the amount of debt you can accrue before it all tumbles down. The government has that same cap. They are about to raise their available credit to accommodate more debt. How much longer do they have until that stops working? You do the math. -Jonathan
Posted on: Tue, 15 Oct 2013 03:18:49 +0000
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