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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (65825)8/5/1999 10:05:00 AM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
bp, No. You cannot find that in statistical reports because it is illegal. The Mafia, Union Corsice and Columbian Drug Lords (and many of my relatives) also do not exist in the stats due to the fact their activities are illegal.

But I was not really saying they are borrowing to buy stocks. I am saying their stock margin, installment credit, their credit cards and their mortgage debt are way over extended and any dip in the market could have a domino effect.

However, you have to wonder what they do with the 25% when they get a 125% mortgage.