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Writer's pictureJoel Youngquist

Paying debts back on the whole of society

Us Americans seem to think that all debts will be paid at some point in the future, but if your parent dies with debts and assests don't cover those bills. The remainder of the parents debt is burdend on their living childern. Than their debts and the cumulated debts then go to your childern. The cycle will countiue til there is not enough money in the whole ecomony to pay what is owed, on the whole of debt burdends in the US.


By Joel D Youngquist


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