Till Debt Do Us Apart!
Posted on April 10, 2008 - Filed Under Finance | Leave a Comment
As a nation and as individuals we are drowning in debt. That is the truth. The credit card companies and government have made us into ‘loan junkies’.
We are living beyond our means. So then why is our credit rating as a country so good?
The reason is that a lot of it is foreign money. You see countries worldwide have excess money to invest. They feel US is the most ‘safe haven’. So they all invest here in US. And we falsely think that if other countries think we are worthy then we must be “worthy”!
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