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To: Zeev Hed who wrote (69553)2/19/2001 12:01:00 PM
From: Cogito Ergo Sum  Respond to of 99985
 
Hi Zeev Hed,

I'll have to digest that one first :0)

regards
Kastel



To: Zeev Hed who wrote (69553)2/20/2001 1:18:50 AM
From: Cogito Ergo Sum  Respond to of 99985
 
Hi Zeev,

The main point of the credit card issue is that it is a gauge of how over extended people may be. Much of the spending is whim spending and must be paid at the expense of something else. While the total debt is undoubtedly lower than mortgage or car loan debt, by it's nature it is more severe.

regards
Kastel


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