01-09-2017, 01:41 AM
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Too old to care
Industry Role:
Join Date: Jun 2001
Location: On the sofa, watching TV or doing my jigsaws.
Posts: 52,943
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Without debt Americans would be a lot poorer. Imagine having a credit card that allowed you to buy and buy and only pay the very low-interest rates.
The same applies to all countries until someone says "No more borrowing and now start paying the money back."
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