How will a 12 trillion dollar debt affect your standard of living?
Monday, August 9th, 2010Molly asked:
The fact that we are living on borrowed money means we really can’t afford our present standard of living. Debt by definition must be paid back. The payments with interest are enormous. Where does this leave the average citizen?
The fact that we are living on borrowed money means we really can’t afford our present standard of living. Debt by definition must be paid back. The payments with interest are enormous. Where does this leave the average citizen?

