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Old 10-22-2009, 01:49 PM
coadie coadie is offline
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Join Date: Jun 2008
Posts: 6,889
Re: An apology to Digging4Truth and Edward Anglin

Quote:
Originally Posted by Edward Anglin View Post
Debt reduction is always good, Ferd.

It's not a cure all, but it surely does help.

America is not what she was, and America will never again be what she was.

That's not pessimism, that's reality.
Actually debt reduction with a dollar going down is not good. If you start making 20,000 dollars a week in 2 years, debt service is easy. This is why china is afraid of dollars. The paying of debt in a few years gives them dollars worth less than pesos.
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