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American Middle Class Debt
Essay specific features
Written by:
Randall S
Date added:
February 15, 2011
Level:
University
Grade:
A
No of pages / words:
5 / 1342
Was viewed:
6253 times
Rating of current essay:
Essay content:
With the rest of the world scared as to what is going to happen next with America’s economy it is time to start showing them that we can lead the world through the 21st century and exactly how to do it. Through wise spending and saving America, China, Europe, and the rest of the first world could create the strongest world and regional economies we have ever seen...
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We are quickly falling behind and making major mistakes that are creating a road no one else will want to travel on. 43 percent of American families spend more each year than they earn, and the average household carries about $18,500 in revolving debt. This debt is money that is owed to a creditor who sets your monthly payment based on the current balance...
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