Meadbh
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 22, 2006
- Messages
- 11,401
Brogan, you are right about taxes. The US will have no other alternative to reduce its immense debt. As a country, the US has been living beyond its means for several decades. I expect living standards there to fall this century, but I do think the US has the resilience to thrive again in the future. Surely all the more reason for individuals to live below their own means. That is how to attain financial independence. That, and providing value for which someone else will pay. There is still room for entrepreneurship and the basic principles of finance still hold. Hope springs eternal!