Debt isn't necessarily a bad thing in this case. Of course the U.S. is criticized for its intense amount of debt, but it's not much of an indicator of anything really.
US debt clock runs out of digits
Started by Waser Lave, Oct 09 2008 05:18 AM
27 replies to this topic
#26
Grizzly
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Posted 10 October 2008 - 03:49 PM
#27
pyke
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Posted 10 October 2008 - 06:10 PM
QUOTE (Freak @ Oct 10 2008, 08:49 PM) <{POST_SNAPBACK}>
Debt isn't necessarily a bad thing in this case. Of course the U.S. is criticized for its intense amount of debt, but it's not much of an indicator of anything really.
Well, having debt you won't ever really pay off probably isn't a good thing. China stands to make a good profit if they ever get around to it.
#28
Grizzly
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Posted 11 October 2008 - 07:44 AM
QUOTE (pyke @ Oct 10 2008, 09:10 PM) <{POST_SNAPBACK}>
Well, having debt you won't ever really pay off probably isn't a good thing. China stands to make a good profit if they ever get around to it.
We do pay off our debts eventually though.. it's just that we add newer bigger debts every year lol
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