As an American, I am slowly figuring out that this economy cannot live indefinitely off of credit. If you watch any financial TV channel, they call it leverage. The government is trying to get credit flowing again. Great! Now we can get into the same mess again. As Americans, we have to learn how to save. One day at work, I was talking to a kind man from Africa. I was trying to talk finance with him, and he turned to me and told me that in Africa they bought their homes with cash. At the time I thought "What the hell does this guy know?" At this point, I think this guy is a genius. Unfortunately, Andre forgot to renew his work visa, and I haven't seen him lately. Point is, lets try to buy something outright. No more credit. With credit, we drive the price of homes too high. Once we do this, there is going to be someone willing to come up with a way for us to buy these homes. We will once again become slaves to the creditor. This is the revolution. Become solvent. Be your own person. Be beholden to none. As Americans, we can break this addiction to things that we can't afford.
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