ricksfolly
DP Veteran
- Joined
- Dec 28, 2009
- Messages
- 2,236
- Reaction score
- 232
- Location
- Grand Junction, CO 81506
- Gender
- Male
- Political Leaning
- Independent
Every country in the western world has a national debt, and based on our GDP and population, ours is the smallest. It's a burden we're all familiar with, but rarely think about. Personal debts are by far our biggest concern.
The average total debt in 2009 (including credit cards, mortgage, home equity, student loans and more) for U.S. households with credit card debt was $54,000, and chances are, it will never be paid.
Fortunately, the national debt doesn't effect our paychecks, and there'll always be some kind of personal debt problem we can either approach responsibly or ignore.
ricksfolly
The average total debt in 2009 (including credit cards, mortgage, home equity, student loans and more) for U.S. households with credit card debt was $54,000, and chances are, it will never be paid.
Fortunately, the national debt doesn't effect our paychecks, and there'll always be some kind of personal debt problem we can either approach responsibly or ignore.
ricksfolly