"Steven Shelikoff" wrote in message
...
On 5 Mar 2004 04:16:41 -0800, (basskisser) wrote:

Jim wrote in message
...
Current Financial Report of the United States 2002
http://www.fms.treas.gov/fr/

Summary

America's liabilities minus assets = US$ 31 trillion


My calculator doesn't have enough "0"s to divide by 280 million
population

But, according to NOYB, it's a great thing to pay interest on $31
trillion dollars!!!

That all depends on the rate. If I can get myself a loan for $31
trillion dollars at a low rate I'd take it in a second and happily pay
the interest.

Steve

Hell, we just bought a new loaded Toyota Highlander and got 1.9% financing.
We could have paid cash for it but decided to finance it at this cheap rate.
I can certainly earn more than 1.9% on that cash.