I'm an Investor Who's Worried About the Economy. Here's Why I Just Bought These 2 Beaten-Down Stocks Anyway.
Last week, I put new money to work by investing in stocks. And I'm sure critics would call me naive for investing at a time like this. But I don't consider myself naive. To the contrary, if I'm being 100% transparent, I'm worried about the U.S. economy.
For starters, the U.S. national debt recently surpassed $35 trillion. I don't know where the breaking point is. But the national debt certainly appears to be rising at an unsustainable rate, bringing it ever closer to wherever that breaking point is.
I often hear people complain about how politicians created this problem by failing to balance the budget. But the average U.S. household isn't much better. Household debt is now at an all-time high of $17.8 trillion, which includes a record $1.1 trillion in credit card debt.
Source Fool.com
