The biggest problem isn't debt for appreciating assets or profitable businesses contributing to GDP. Although easy money will still cause bubbles in these sectors. The biggest problem is consumer credit card debt for groceries, clothes, electronic goods, furniture that trap the average person into poverty, and also student debt that starts young people on the back foot. There's good debt and there's bad debt, and easy money is not good for the masses
- Forums
- Commodities
- - Why Russia Is Dumping Dollars And Buying Gold At The Fastest Pace In Decades -
The biggest problem isn't debt for appreciating assets or...
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online