good debt - bad debt: good debt is when you borrow at 6% interest, buy something at $10 and sell at $30. bad debt is when you buy at $10 and the value drops. then there is the real estate long term debt. you pay 6% interest. inflation increases the value by over 12x. and you pay over $100,000.00 to service the loan interest. then there is the planed national debt: run up the national debt, then create worthless dollars to pay it off. yes. this has to happen. no way you can get rid of the national debt, except destroying the usa dollar. plan for it. wages will sky rocket. soon you will see $200.00 an hour minimum wages. will take a weeks wages to pay off a old home loan. stock market will hit 50 billion dollars. i remember .19 cent gas. work for under $1.00 an hour, and afford to buy a house. and labor is poorer today, than it was at $1.00 an hour. all managed by dumb congress