US wont run out of funds until mid August

Discussion in 'Markets & Economies' started by malachii, Jul 27, 2011.

  1. malachii

    malachii Well-Known Member

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    So the US wont run out of money until after mid August and this is OK??????? How on earth can this be considered a good thing????? How can "smart" people think that anyone having less that 4 weeks worth of expenses "in the bank" is a good, viable thing let alone the largest economy in the world?????

    I know it's an old cliche but if you and I ran our finances that way............

    malachii

    http://www.theage.com.au/business/w...st-2-in-debt-standoff-yet-20110727-1hz99.html
     
  2. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    Most people do run their finances that way.

    Most employers pay fortnightly because people can't stretch their money any longer and they run out.
     

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