How Europe's Debt Crisis Could Infect America

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An economy has ONE PURPOSE! It exists as the means by which a people provides a living by occupation to its labor force e.g. citizenry.
America's is functioning so poorly that it is sucking in money, in the form of ALL kinds of debt with the promise of repayment just as soon as WHAT?
Very telling - our greatest fear is that the cost of borrowing will increase due to tightening by bond purchasers resulting from the realization that we are sucking money only a little slower than the PIGS.
Lets all hope that doesn't happen, so we have a little more time to figure out why our economy is SUCKING MONEY!
It doesn't have to do with our feeling that we have evolved beyond competing as a nation and approve of simply making money from money, does it? Because money made from money is called interest, and somebody has to pay it, and it can grow only if debt keeps growing, and maybe that's why our economy is SUCKING MONEY!

terry snyder of AL 7:16PM December 07, 2010