Where are interest rates headed? Interest rates are one the most influential factors in American economic activity. In fact, the only thing that affects the economy more than interest rates would be the unemployment rate. Since this blog explores the consequences of America’s runaway National Debt, we thought it would be appropriate to explore the relationship between interest rates and the national debt. Read the rest of this entry »
Archive for the 'Personal Debt' Category
Eliminate my debt! It’s a plea coming from more and more Americans these days who feel overcome by the burdens of too much debt in a bad economy. Although this blog normally focuses on the effects of government debt, we feel it is equally important to share tips on the proper management of personal debt.
There are several viable approaches for dealing with too much personal debt, including debt consolidation loans, home equity loans, and others. But in this article, we want to share a strategy for systematically eliminating your debt and becoming debt free. It requires discipline, but it’s not as hard as you might think. Read the rest of this entry »