Me too... I lived in debt most of my life because thats all I knew. After the last 4 years, I believe cash is king and debt is evil.
I'd be the first person to say that no country needs to invade us anymore, because they probably already own us. Hell of a deal. Virgil Bierschwale http://www.tccutlery.com http://www.bierschwalesolutions.com -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Ricardo Aráoz Sent: Wednesday, November 15, 2006 9:01 PM To: ProFox Email List Subject: Re: [OT] It's the economy, stupid Virgil Bierschwale wrote: > True, but on the other hand, if we continue sending all our work overseas, > then we have a situation where we cannot afford these goods, resulting in > more and more unemployment AND less money for the governments to spend > because they're taking in less money which results in less city services, > which lowers the quality of life, etc.. > > Not good either and I'll be the first to admit that I don't have a good > answer. > > I wrote an article a long time ago when I was losing everything about how > the overseas standard of living is going up and ours is going down and > somewhere they will meet at a similar level, and after thinking about it, I > still don't have a good answer. > > Virgil Bierschwale > http://www.tccutlery.com > http://www.bierschwalesolutions.com > You should add to that the fact that USA is indebting itself at huge steps, whereas China is buying debt. Sooner or later they'll collect. I think if they are buying debt they must have an agenda. brrrr! [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
