| GamesBond said: I don't anyone who could run there household the way the government runs our country. When the idea of having a balanced budget is offensive to those in power, you know we're fraked. |
Well, it depends what you are indebting yourself for.
If you're taking out a (manageable) loan to buy a house which will be worth more money in the future, that's a good thing. This is akin to infrastructure spending by a government.
If you're taking it out to buy gourmet food and luxury goods, that's a problem. This is akin to any other spending by a government.







