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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> extropy-chat <extropy-chat-bounces@lists.extropy.org> <b>On Behalf Of </b>William Flynn Wallace via extropy-chat<br><b>Subject:</b> Re: [ExI] quote of the day<o:p></o:p></p></div><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>>…<span style='color:black'>Spike, the best way to get rid of credit card debt is to die. When my son died the credit card companies just wrote off his debt, perhaps realizing that there was not enough money in the estate.<o:p></o:p></span></span></p></div><div><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS";color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS";color:black'>bill </span><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>w<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>Hmmmm… I will look into alternative strategies methinks.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>The debt that concerns me Billw is the one the US government has racked up and continues to race up now. It is clear that default is coming, and it is clear that Social Security and Medicare recipients will be hit first and hardest.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>I do not think the US government will die to get out of its debt, but I can easily foresee taxes higher than they are now with almost no government services in return. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>Post modern monetary theory is coming. Debt matters. Size definitely matters.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'>spike<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:18.0pt;font-family:"Comic Sans MS"'><o:p> </o:p></span></p></div></div></div></body></html>