Quote:
Originally Posted by GregWeld
Mikes "summation".....
You can not spend your way to wealth... 
I agree.
If you're in debt - and someone gives you some money - you have two choices. Pay off your debt - or spend it, and spend even more, on your credit card while you're at it. Choose the latter and the guy that gave you the money might get pissed and start making demands that you change your ways, or chooses to cut you off. At some point you either go bankrupt, or you make a deal with your creditors to take a haircut, and you wise up and eventually pay them off. |
Greg,
I have come to find that you can take my long winded posts and summarize them in a few sentences..
Also this thread is just to get people thinking about Debt, and the government's debt. It isn't about changing each other's minds. It is just about different opinions. Parsons has his, and we have our's. It gives the readers something to think about.
I have always said that I run MY economy, I am too small in the pond to run the Government's Economy. I can only see what I see, give my opinion, and position myself to protect my wealth, however small or large it may be..
