2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

STOCKTALK

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.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 457.82

+1.3%

Jan 23 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (30314)	3/4/2008 8:33:40 AM
From: Ilaine	Read Replies (1) of 219733

You are correct that just walking away does free up money that will be spent on consumption of other goods. I was out of the office yesterday, did not feel well, and while I was out, 7 clients called wanting to go ahead and file. I don't know how many I will file this month, definitely more than 7. That will dump a lot of debt, but most of my clients still have jobs (not all). The ones that are dumping their expensive mortgages are finding it easy to rent, at least so far. They are also losing the mortgage tax deduction so will owe more federal income tax, but we won't see that really kick in until 2009.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next