Soupnazi630
Gold Member
- Dec 9, 2013
- 17,544
- 5,045
Which is irrelevantMicro vs macro economicsIn endless homes and households where people found they were borrowing themselves into poverty and learned to do withoutWhere and when has austerity proven effective?That is not the best solution to debt???!!
this is not 1850 or 1950 anymore
much has changed
1. we are in HUGE debt
2. foreigners want to KILL Americans-travel to America is counted in minutes--not weeks or months
etc
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The best way to handle the debt problem is through economic growth. Stronger consistent economic growth of 3% per year or more will require greater immigration from latin America than we currently have at this time.
Globalization has brought the world closer together. We need less barriers to trade, communication, immigration, and transportation to meet the needs of the 21st century.
The best solution is to stop using credit and simply do without what one cannot pay for without credit.