SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: loantech who wrote (44872)7/14/2007 11:31:48 PM
From: jackjc  Read Replies (2) of 78408
 
My take on it is when too many jump on the borrowing bandwagon,
like recently, asset prices spike and recede, causing grief for those
at the margin.

Gov eases credit and only the few really go broke or lose homes.

But as each year people see that, more and more decide to press
their luck, increasing instability of the system.

Ok, so when an event, or just exhaustion, causes a cascade of
defaults, what will be the result ??

Will the savers finally win, scooping up great bargains with their cash ??

Or will the floodgates of fiat bail out most, paying off the debt
even faster ??

Or some balance in between bankrupting more than just the relative few ??

I see this infla/defla argument debated endlessly, and I don't
have a clue. But being debt free is a big plus IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News