DEBT GOVERNMENT DEBT
Debt Government DebtBy Bryon Zirker
When it comes to debt governments are just asvulnerable
to over extension. Almost every government in the world
carries some kind of debt or another. Governments borrow
money on a regular basis in orderto keep daily operations
going.
When a government has its hands full with a war or two
this really ads to the amount of debt that accumulates on
a daily basis. The US government National debt is very
high according to the U.S. NATIONAL DEBT CLOCK
and climbing daily.
It is a good policy to try and remain debt free.
When borrowing keep this in mind.
Only borrow to purchase things that appreciate such as
real-estate.
Using borrowed money at a lower interest rate in order
to invest into a vehicle/product that produces a return
higher than the cost of borrowing therefore keeping the
difference as profit is OK.
Borrowing to keep a business in operation as long as
the debt is no accumulating.
posted by Bryon Zirker @ 1:13 PM
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