Formerly About Advanced Micro Devices 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.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TimF who wrote (486139)	6/5/2009 10:18:55 PM
From: TimF	Read Replies (1) of 1576659

June 5, 2009 8:27 PM I think this is an example of confusing proximate cause and underlying cause. Yeah, it may be an unexpected medical bill of $4000 that breaks the camel's back. However, this is really a consequence of having little or no safety buffer rather than medical bills being the base cause of bankruptcy (instead, medical bills, due to their unexpected nature, simply represent the crucial "negative variance" in a quarterly household income statement that, due to an already overlevered balance sheet, provokes a liquidity crisis). meganmcardle.theatlantic.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next