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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: ild who wrote (205051)11/15/2002 1:17:19 PM
From: Haim R. Branisteanu  Read Replies (1) of 436258
 
I speculate that the assumption is credit card debt, car debt and mortgages including second mortgage, assuming that houses are 20% overvalued as is the stock market, with slim prospects to get a new job when fired to pay down the debts

At least it makes sense to me.
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