Comments on: 18 Crazy Things You Didn’t Know About the National Debt

By: Len Penzo

Len Penzo — Fri, 22 Jul 2011 20:49:45 +0000

Yep. That succinctly sums it all up, Cemlyn. That greed you speak of may not only eventually kill the goose that lays the golden eggs, it also continues to slowly chip away at the fabric of our society, and our faith in the system.

By: Cemlyn Jones

Cemlyn Jones — Wed, 20 Jul 2011 12:45:13 +0000

Hi Len. You’d think with all the clever people who work in our financial institutions around the world that they would be able to control something as simple as a balance sheet. So why are all the countries in raging debt?? Well part of that is our own greed. Unlike our forefathers who were happy to save up for what they wanted, we want everything now. But that is not the real reason. Banks and other financial institutions make more money from debt than from anything else. They rake in more money the deeper the debt. Banks will eventually rule everything if they do not already.

By: Hank

Hank — Wed, 20 Apr 2011 20:48:56 +0000

A lot of people do not know about number 18! That’s so awesome…well, I guess not really.

By: Len Penzo

Len Penzo — Wed, 20 Apr 2011 20:48:56 +0000

I think if somebody has a few extra dollars to hand out, they would be better served if they gave it to a worthy charity!

By: Money Hacks Carnival #69 - The Dollar Bill Edition

Money Hacks Carnival #69 - The Dollar Bill Edition — Wed, 20 Apr 2011 20:48:56 +0000

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By: Economy and your Finances Carnival- June 21, 2009

Economy and your Finances Carnival- June 21, 2009 — Wed, 20 Apr 2011 20:48:56 +0000

[...] Penzo presents 18 Crazy Things You Didn’t Know About the National Debt posted at Len Penzo . [...]