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Dear Tabs,
At what level (or ratio) of debt does our country financially collapse?
I remember in the late '70s that $4T was going to be our downfall.
The postwar boom was over by then. Double income households are on the decline thanks to Covid as some families realize they can make it on one if they cut back.
Saying that younger Americans should be frugal was always good advice.
So, what's changed?
Thanks for your consideration,
Bob
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Bob S.
'87 911 ("Hardtop" per neighbor)
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