On The 2009 GDP? It's the Worst Since 1946--And 7.6 Million Jobs Disappeared in Two Years
We can definitely feel we are destined to be consumed by debt - lifting the federal debt ceiling to almost $2 trillion! If we follow our government's budget practices we will all be indebted to point of collapse, and we don't have China to purchase our debt.
So in your personal life - don't live by debt, mortgages, and car notes - live savings, cash on hand, cash in the bank - for once I agree cash is king......that is while there is still a little value to the dollar
See more at www.bpharisandbeyond.blogspot.com
Posted on January 29, 2010 at 8:00 pm
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On The 2009 GDP? It's the Worst Since 1946--And 7.6 Million Jobs Disappeared in Two Years
The growth is an illusion - one time project jobs - some are stimulus jobs which only last for 12 months or less.
Until we get ahold of the budget and federal deficit - we are in spriral downword spin - an economy based on debt - value of our dollar based on treasury notes owne by China - were is there any hint of a balanced budget - retiring the debt - building fixed assets.
A nation based on debt and a never ending promisory note -
save your money now - before there isn't anymore
www.bpharisandbeyond.blogspot.com