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Yea, but if you made the credit card you spend with and can roll over the balance anytime, you'd do quite well.
The dollar bill is a tool, not real wealth. They don't have to play by the same rules as you and I. As it turns out, WE are suckers for attaching value to the dollar in the first place.
There is a distressing lack of originality in P&OC. A distressing lack of ability to comprehend as well. Repeat after me: The largest economy in the free world is nothing like a household budget. The largest economy in the free world is nothing like a SOHO (small office/home office). The largest economy in the free world is NOTHING like your personal finances.
During the recession, my business lost a number of clients who either went out of business or could no longer afford our services. As a result, we had to tap into reserves (my personal savings) to pay for increased advertising, outreach, and some pro bono work in order to expand into markets that we hadn't approached before as a result we are seeing some positive results.
There is a distressing lack of originality in P&OC. A distressing lack of ability to comprehend as well. Repeat after me: The largest economy in the free world is nothing like a household budget. The largest economy in the free world is nothing like a SOHO (small office/home office). The largest economy in the free world is NOTHING like your personal finances.
That's my normal response, but I figured it was too much to restate for the OP. It still may be but it was better for you to take it on than for me.
I don't know...for my household, if I was in debt, I would not be giving money out to friends, until my own bills were paid...so, I don't know why we keep handing out cash to other countries, supporting their military (Egypt, and Israel for starters...)...
There is a distressing lack of originality in P&OC. A distressing lack of ability to comprehend as well. Repeat after me: The largest economy in the free world is nothing like a household budget. The largest economy in the free world is nothing like a SOHO (small office/home office). The largest economy in the free world is NOTHING like your personal finances.
So you are in favore of our 1.6 trillion deficit adding to our debt because we will never have to pay it. And those interest payments we are making now do not matter
The largest economy in the f(r)ee world is NOTHING like your personal finances.
Almost agree.
No personal financial planning can rely upon fraud and constructive fraud to kite checks for over 77 years, rehypothecating collateral "volunteered" by donors who are unaware of it.
Why just look at the HERO of the bankruptcy, FDR.
[] Declares state of emergency
[] Ceases redemption of Federal Reserve notes
[] Confiscates all privately owned gold money
[] Criminalizes the possession of gold money by "free" Americans
And now, after 75 years of national socialism, here we are... going over the cliff.
(Congress has borrowed MORE than it paid in interest since 2006 - which is what Bernie Madoff went to prison for doing in the private sector - paying old investors with new investors.)
During the recession, my business lost a number of clients who either went out of business or could no longer afford our services. As a result, we had to tap into reserves (my personal savings) to pay for increased advertising, outreach, and some pro bono work in order to expand into markets that we hadn't approached before as a result we are seeing some positive results.
We had problems naturally when we were first married, and into our twenty's. Had a prized mustang repossessed. After we got back our Mustang, i put the credit cards away, and yes they do get you into trouble. Now if we use credit cards, but yes we are in a much better positition financially, we make sure to pay them off, because that intrerest seems to never get paid down. No i watch my spending very carefully, and everything that i do buy, i have certain people that i buy from ,where i get deals beyond what anyone could imagine or i don't buy. If i were in debt, no i would not be spending carelessly, i would watch every penny.
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