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Old 05-06-2006, 09:02 AM   #593
Ghoulish Delight
I Floop the Pig
 
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Join Date: Jan 2005
Location: Alternative Swankstyle
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Our economy is floating on a bs money. Outrageous debt from interest-only mortgages. The US is the only industrialized nation to have a negative savings rate (i.e., as a country we spend more than we earn). The average credit card debt is over $8000, and the percentage of that credit card debt that is food and other basic necessities is on the rise. And people like me, who actually save money and carry no debt, are punished by this economy. It's a recipe for disaster.
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