The Coming Avalanche of National Debt
by To have an avalanche, you have to have a lot of snow. The snow piles up all over the hillside during snowstorms, sometimes slowly, sometimes …
Tag: debt
Raise Taxes or Increase Participation?
It’s easy to ask someone else to pay the debt, hard for us to pay it ourselves. If increasing taxes is not the answer to …
Christmas: Not the Time To Go Into Debt
My life with debt has seen its ups and downs. When I got out of college, one of my first big purchases was a used …
$534,000 Per Household
How do you plan on paying off this one? The $61.6 trillion in unfunded obligations amounts to $534,000 per household. That’s more than five times …
Could I Please Have Some More Credit?
What would happen if you told the bank that you were underwater financially, that you were paying more than you were taking in, and for …
Is This The End of the United States of America?
Depending on who you read, this country is in for a bumpy ride. The problem centers on a debt spiral that is out of control, …
Should We Stop Making Pennies?
Penny for your thoughts? I can remember, as a kid, when I could get a gumball for a penny in the machine at the grocery …