What if EVERYONE paid down their debt?
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What if EVERYONE paid down their debt?
| Sun, 08-24-2008 - 2:48pm |
Came across this article and found it rather interesting.
| Sun, 08-24-2008 - 2:48pm |
Came across this article and found it rather interesting.
Interesting article. I think it was Dave Ramsey that mentioned something about this in his book. The idea was that if everyone paid off their debts tomorrow, the economy would be a mess. But since it would never happen overnight, the economy would have time to adjust and rebound because people would eventually have money to spend ... it would just be theirs and not borrowed.
I can't wait to add 1 to the list of debt free people ;
Bex -
"Yesterday is history, tomorrow is a mystery, today is a gift -thats why its called the present."
Bex -