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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Wyätt Gwyön who wrote (70868)10/3/2006 7:08:24 PM
From: Lizzie Tudor  Read Replies (3) of 110194
 
do you think the average Clownifornian making 16K a month has a monthly CC bill under 2K?

Yes I do actually. I think every single in silicon valley making between $120-$180K per year (these are the uber-geeks at Google and Cisco) have virtually **NO** expenses. Their work is their life.

We're talking millions of people.

I don't think high income professionals should be penalized to the degree that you paint. Yes there are families out there who can't control their expenses. Workaholics have no problems with spending at all.
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