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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: elmatador who wrote (69888)	10/3/2007 12:32:00 PM
From: mishedlo	Read Replies (3) of 116555

Drowning in Debt: How do we protect ourselves? globaleconomicanalysis.blogspot.com The best way to not drown in debt is to live well within your means. The #1 rule is don't buy stuff you cannot afford. Think twice about that SUV. Have a Years' Worth of Living Expenses in Cash to protect against loss of a job. Cash is not trash when you are out of a job. Buy food on sale and freeze it. Reduce leverage. Consider retirement plans. All of these are ideas on how to protect from debt deflation. Mish

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