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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GraceZ who wrote (57371)4/4/2006 11:35:07 AM
From: John Vosilla  Read Replies (1) of 110194
 
"Many Americans are technically bankrupt the day they graduate from college (student loans and few assets) or when they take out that first car loan but they are usually in the plus column net worthwise by their mid 30s and certainly by their fifties and sixties"

I doubt that happens in bubble markets this time Grace. Didn't you here how many males into their mid 30's still live at home with their parents these days? It is getting to be as bad as Italy<g>
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