Monday, August 22, 2011
Not many folks talk about this, that the US spends more on defense than the next 17 nations combined. (We are 11th as a percent of GDP @ 4.7%.)
If i was loaning money to a neighbor and he spent it all on guns and ammo... i would be a little worried about trying to collect that debt.
Are we really intending to pay off our debts??? Or, do we really have to worry about paying it off?
Another thought; "the borrower is servant to the lender" i wonder if the lenders to the US are controlling what is happening in this country behind the scenes.
That is probably enough crazy thoughts about debt.
A person with zero debt is free from many worries.