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General Category >> Politics, Religion (Tall Table) >> Why does it take so much
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Message started by justin_o_guy2 on 07/28/17 at 18:21:35

Title: Why does it take so much
Post by justin_o_guy2 on 07/28/17 at 18:21:35

Just to stay even?
One man supported two kids and a wife, owned the house and had cars in the sixties. But debt doesn't matter.
http://www.zerohedge.com/news/2017-07-27/total-government-and-personal-debt-us-has-hit-41-trillion-dollars-32996134-household

Facts are facts, whether it's signed by Santa Claus or your favorite research junkie.
The MATH is there.

Title: Re: Why does it take so much
Post by Trippah on 07/28/17 at 18:32:43

JOG - the interesting thing about debt is that the person /entity that holds the" loan" has to be able to and want to collect.  If the banks get too pushy, we can just nationalize them, poof debt gone.  Only the Chinese could collect from us by force, and their debt is soaring also.

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