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Old 05-10-2008, 08:05 PM  
DWB
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Quote:
Originally Posted by A1R3K View Post
Well, I am not the norm. I have ZERO debt. I learned early that debt is trouble. I have rent, utilities, and my cell phone. FUCK DEBT! I have liquid income. I will never buy anything in this economy. If it gets much worse I am moving to a country where the economy is better.

I owe shit here!
That is where the real problem starts unless you are earning something else other than the USD. You then have to worry about how the USD holds up against the new currency in the country you reside, and all over the world it is losing. It's getting a LOT more expensive for expats to earn USD and live abroad.

Of course the price of oil and food is rising on a global scale so you're going to feel the pinch regardless of where you are. However, you would feel it even worse when you move out of the USA because the dollar is so weak now. Though, if you earn in a strong currency, don't sweat it and MOVE TODAY!!!


Quote:
Originally Posted by IllTestYourGirls View Post
it is not just our dependency on oil that has fucked us. It is our dependency on debt both personally and in the government. We are looking at the symptoms and not the disease.
Quoted for truth.
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