February 23, 2012

Prosperity means Debt

Indonesia's debt at the end of 2011 was Rp.1803.49 billion from the beginning to the end of 2010 was Rp. 1600's trillion. If management is assumed to be the family of the current government is failing miserably, a big zero and toothless. Sorry this parable is a bit rough, but I go to pay taxes because of salary/income always cut every month.

Rising household debt continued to pay and borrow again. And its likely negative, spending too much. Household can have a look great because a large debt, so can buy a luxury home, luxury cars and flashy appearance. Maybe he has high ability to pay but actually rather doubtful certainty. Collapse or reduced income at any time will cause interference, and then the ability to pay down and the economy will be chaotic in an instant. If he suddenly interrupted his income entrepreneurs due to the drastic decline in their sales, so if it goes on in 3 months is usually collapsed and destroyed, because it was forced to sell assets to pay off the debt.

Due to rely solely on taxes, while other revenue sources that ought to be controlled by the state but foreign or corrupted. Maybe there was a dilemma, not taken care of myself but a lot of corruption, and then sold to foreigners and the results it is today. So basically a large amount of debt that does not mean peace, but what was built and what we enjoy today is in the form of debt. If the country is suddenly interrupted, then pay the debt will be difficult. Like the crumbling state of Iraq today.