There’s an interesting Newsweek article on MSNBC.com about the growing debt problem in the USA. In 1952 the average debt to income ratio was under 40%. Now its 126%. In BC we spend an average of $1.07 for every dollar earned.
So is this really a problem?
I don’t know because I have discovered the power of ignorance. Though I am occasionally bothered by doubts, I am embracing my inner ignoramus and plowing head-first into the future. What’s my secret? I have fashioned a sturdy hat out of these shoe boxes.
I highly recommend it.