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Strategies & Market Trends : ahhaha's ahs

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To: ahhaha who wrote (5338)8/21/2002 1:10:30 PM
From: AhdaRead Replies (1) of 24758
 
Never. Debt only gets so large relative to debt's asset base before it's reeled in. For the last 5 years banks have been extremely tight with lending standards and the result has been years of declining C&I loans, so nothing is wrong on the debt front. It's being reeled in.

I think i should define debt not just an asset based debt but the extensive use of credit by the consumer of small products with credit cards. There is no asset base in this as the products are continually decreasing in value. if the banks are cautious in that which can create long term value they are absolutely without caution as to extending private credit as the interest on millions of credit cards is cash flow providing that minimal payment is received. This is ducky when an economy prospers but when it doesn't all theses little bitty pieces of non repayable debt are going to add up.

I also wonder too here where housing is so high how in blazes financing is done. I do know creative measure are used to get a mortgage i wished i knew an expert in the field of creative finance to know how it can be done.
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