Comments on: Let the Good Times Roll (using Credit) http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/ Tue, 07 Feb 2012 05:51:18 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Why the Dollar is Falling at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/comment-page-1/#comment-5067 Why the Dollar is Falling at Curious Cat Investing and Economics Blog Wed, 12 May 2010 18:39:16 +0000 http://investing.curiouscatblog.net/?p=372#comment-5067 [...] The USA Economy Needs to Reduce Personal and Government Debt – Let the Good Times Roll (using Credit) – Federal Reserve to Buy $1.2T in Bonds, Mortgage-Backed Securities – Who Will Buy All [...] [...] The USA Economy Needs to Reduce Personal and Government Debt – Let the Good Times Roll (using Credit) – Federal Reserve to Buy $1.2T in Bonds, Mortgage-Backed Securities – Who Will Buy All [...]

]]> By: USA Consumer Debt Declining But Still over $2.4 Trillion http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/comment-page-1/#comment-4754 USA Consumer Debt Declining But Still over $2.4 Trillion Mon, 09 Nov 2009 04:14:50 +0000 http://investing.curiouscatblog.net/?p=372#comment-4754 [...] living in USA have consumed far more than they have produced for decades. That is not sustainable. You don’t fix this problem by encouraging more spending and borrowing: [...] [...] living in USA have consumed far more than they have produced for decades. That is not sustainable. You don’t fix this problem by encouraging more spending and borrowing: [...]

]]> By: Consumer Debt Down Over $100 Billion So Far in 2009 at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/comment-page-1/#comment-4751 Consumer Debt Down Over $100 Billion So Far in 2009 at Curious Cat Investing and Economics Blog Sat, 07 Nov 2009 13:14:37 +0000 http://investing.curiouscatblog.net/?p=372#comment-4751 [...] $21.5 Billion in July – The USA Economy Needs to Reduce Personal and Government Debt – Let the Good Times Roll (using Credit) November 7th, 2009 by John Hunter | Leave a Comment | Tags: Economics, Personal [...] [...] $21.5 Billion in July – The USA Economy Needs to Reduce Personal and Government Debt – Let the Good Times Roll (using Credit) November 7th, 2009 by John Hunter | Leave a Comment | Tags: Economics, Personal [...]

]]> By: Stock Markets Down $30 Trillion for 2008 at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/comment-page-1/#comment-3968 Stock Markets Down $30 Trillion for 2008 at Curious Cat Investing and Economics Blog Thu, 08 Jan 2009 13:09:04 +0000 http://investing.curiouscatblog.net/?p=372#comment-3968 [...] grandchildren’s future to pay for the extravagance of those last few decades. How costly our credit-card-like financing of government bailouts is going to be is the most important issue I [...] [...] grandchildren’s future to pay for the extravagance of those last few decades. How costly our credit-card-like financing of government bailouts is going to be is the most important issue I [...]

]]> By: Families Shouldn't Finance Everyday Purchases on Credit at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/comment-page-1/#comment-3897 Families Shouldn't Finance Everyday Purchases on Credit at Curious Cat Investing and Economics Blog Tue, 09 Dec 2008 15:22:51 +0000 http://investing.curiouscatblog.net/?p=372#comment-3897 The people that want to find some more credit cards to run up don’t understand the problem... The people that want to find some more credit cards to run up don’t understand the problem…

]]> By: Deanna Keahey http://investing.curiouscatblog.net/2008/12/04/let-the-good-times-roll-using-credit/comment-page-1/#comment-3876 Deanna Keahey Fri, 05 Dec 2008 08:31:56 +0000 http://investing.curiouscatblog.net/?p=372#comment-3876 I'm concerned that we have conflicting priorities here, and there's no good solution. Yes, consumers have run up way too much debt. And a lot of businesses are in trouble now, too. And the government has too much debt too. If the government steps in, then it's upping its own CC debt level, which isn't good. But if it doesn't, then more businesses will go under, and more consumers will lose their jobs, and they'll go under too, and who knows where it could end. I’m concerned that we have conflicting priorities here, and there’s no good solution. Yes, consumers have run up way too much debt. And a lot of businesses are in trouble now, too. And the government has too much debt too.

If the government steps in, then it’s upping its own CC debt level, which isn’t good. But if it doesn’t, then more businesses will go under, and more consumers will lose their jobs, and they’ll go under too, and who knows where it could end.

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