Thread: Why we're in debt, well part of the reason.
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Old 01-09-2016, 04:17 AM  
pimpmaster9000
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Quote:
Originally Posted by dyna mo View Post
2. the op clearly fails to grasp the concept of national debt and how it is absorbed over time by economic growth and refinancing at lower and lower rates.


US debt per family: 790K
US median income : 29K

gimme a refinancing example
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