Comments on: This Too Shall Pop, Part II http://dailyreckoning.com/this-too-shall-pop-part-ii/ Economic News, Markets Commentary, Gold, Oil and Investing Strategies. Sun, 27 May 2012 09:55:17 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Bors http://dailyreckoning.com/this-too-shall-pop-part-ii/#comment-16878 Bors Fri, 31 Jul 2009 15:39:35 +0000 http://dailyreckoning.com/?p=17516#comment-16878 "Tomorrow…the vigilantes are back…the real showdown." This will be good. “Tomorrow…the vigilantes are back…the real showdown.” This will be good.

]]> By: Bloomer http://dailyreckoning.com/this-too-shall-pop-part-ii/#comment-16847 Bloomer Fri, 31 Jul 2009 05:35:51 +0000 http://dailyreckoning.com/?p=17516#comment-16847 Borrowing makes us poorer because we the consumer, have to pay extra for our purchases in the way of interest. Servicing our personal debt load, reduces our standard of living. When government borrows, we eventually have to pay more in taxes and also our benefits and services are slashed. This also reduces our standard of living. The only road back is to pay off debt, and to stop spending. It will be a grind, but it is the only way that I can see, to put us back on the right track. Borrowing makes us poorer because we the consumer, have to pay extra for our purchases in the way of interest. Servicing our personal debt load, reduces our standard of living.

When government borrows, we eventually have to pay more in taxes and also our benefits and services are slashed. This also reduces our standard of living.

The only road back is to pay off debt, and to stop spending. It will be a grind, but it is the only way that I can see, to put us back on the right track.

]]> By: lainvestorgirl http://dailyreckoning.com/this-too-shall-pop-part-ii/#comment-16840 lainvestorgirl Fri, 31 Jul 2009 04:21:27 +0000 http://dailyreckoning.com/?p=17516#comment-16840 Can't wait to hear Bonner's comments on the weak bond auction... Can’t wait to hear Bonner’s comments on the weak bond auction…

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