Rise in credit card spending raising alarms
Published: Tuesday, June 11 2013 10:20 p.m. MDT
Saving is no longer viable since inflation is higher than the rate of return.Since the Feds entered the bond market there isn't much yield there,
either.Why save? Why wait? Put it on the card.This is a dangerous
way to live, but it works for government and the future is in your house gaining
value. We all know how well that worked out.Seriously, there is no
financial security left. And no real reason to act responsibly.
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