Alright I know this is my second thread in a while and both threads have been political but I don't mean to be at all.
This country is horribly in debt. People are overspending and they are accruing too much debt. What happens is when you file bankruptcy or foreclose on your house the credit card companies and various banks begin to falter since their business plan doesn't predict that. Then foreign countries come in and buy out our debt and buy a percentage of ownership in the country. Not sure about you guys but I think it is scary as hell to have Saudi and the UAE owning some of our companies.
This holiday season be careful and responsible in your spending and work your hardest to get out of debt. Until we get out of debt our economy will not rebound .
Have a great holiday guys and be safe! :head:
This country is horribly in debt. People are overspending and they are accruing too much debt. What happens is when you file bankruptcy or foreclose on your house the credit card companies and various banks begin to falter since their business plan doesn't predict that. Then foreign countries come in and buy out our debt and buy a percentage of ownership in the country. Not sure about you guys but I think it is scary as hell to have Saudi and the UAE owning some of our companies.
This holiday season be careful and responsible in your spending and work your hardest to get out of debt. Until we get out of debt our economy will not rebound .
Have a great holiday guys and be safe! :head: