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<blockquote data-quote="1989" data-source="post: 3044271" data-attributes="member: 10280">Do you know how to be specific and use only facts?&nbsp; Not your opinion.&nbsp; For example : to say 71% of workers are in debt.&nbsp; That might be fact, I don&#039;t care.&nbsp; But it is only a general statement. It jdoesn&#039;t give the real picture.&nbsp; One could owe $1 million, but control $3 million in assets.&nbsp; Money can be generated from that debt to not only sevice the debt, but generate income.&nbsp; To buy/leverage more assets, or hire people. About half of the working population works for a small business.&nbsp; Many of those businesses take on debt to get started, buy inventory, pay employees.&nbsp; Are any of these small business owner in your 71% statistic?&nbsp; In just housing, a $300,000 home in 2012 with 20% down ($60,000).&nbsp; Is worth $450,000+. So you can control $450,000 with a debt of around $215,000.</blockquote>

[QUOTE="1989, post: 3044271, member: 10280"] Do you know how to be specific and use only facts? Not your opinion. For example : to say 71% of workers are in debt. That might be fact, I don't care. But it is only a general statement. It jdoesn't give the real picture. One could owe $1 million, but control $3 million in assets. Money can be generated from that debt to not only sevice the debt, but generate income. To buy/leverage more assets, or hire people. About half of the working population works for a small business. Many of those businesses take on debt to get started, buy inventory, pay employees. Are any of these small business owner in your 71% statistic? In just housing, a $300,000 home in 2012 with 20% down ($60,000). Is worth $450,000+. So you can control $450,000 with a debt of around $215,000. [/QUOTE]

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