my recommendation? only buy what you can afford.
from wikipedia:
On December 12, 2013, debt held by the public was approximately $12.312 trillion or about 73% of Q3 2013 GDP[5][6] Intragovernmental holdings stood at $4.9 trillion (29%), giving a combined total public debt of $17.226 trillion or over 100% GDP.[7]
As of January 2013, $5 trillion or approximately 47% of the debt held
by the public was owned by foreign investors, the largest of which were
the People's Republic of China and Japan at just over $1.1 trillion each.[8]
I just listened to the white house correspondent's dinner, and decided to fact check the comedian.
OVER 100% is too much, in my opinion.
Personally, I have no debt, and think the US should have Savings, not Debt.
Can we get to Zero debt? Shouldn't we?
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