|
|
#11
05-29-2010, 10:59 AM
|
||||
|
||||
Quote:
Actually, in your example we are not the country in debt. We are the creditor. So yes, we can make some wealth on someone elses debt in the form of interest payments, but we do not make any wealth on our own debts. In fact, we loose money when we are debtors in the form of interest owed. Debt does not equal wealth. Debt simply equals more debt.
__________________
1987 V20 w/1987 150HP Yamaha on a Shoreland'r Trailer 1978 16.5 Airslot w/1996 120HP Force on a Four Winns trailer 1996 V21 w/1993 200HP Mercury on a Shoreline Trailer All towed by a 5.7L Hemi Durango. If God didn't have a purpose for us we wouldn't be here, so Live simply, Love generously, Care deeply, Speak kindly. (Leave the rest to God)  Silence, in the face of evil, is itself evil. Not to speak is to speak, not to act is to act. God will not hold us guiltless. 
|
|
|
Threaded Mode