Silicon Investor (SI) -- The First Internet Community

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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: d:oug who wrote (65765)	3/14/2001 11:01:28 PM
From: Cogito Ergo Sum	Read Replies (2) \| Respond to of 116837

Hi Doug and thread, Where I live in Canada, we tend to watch a lot of US TV. I've noticed a great number of commercials, by I believe 3 separate organizations re: debt consolidation. That in itself is pretty good, albeit anecdotal evidence to me that a consumer debt problem is brewing. My question however is this: Does anyone know the rate of recidivism wrt consolidating debts and then getting further into debt. As pointed out in the prior post, plastic is pretty easy to get. If the recidivism rate is high then easing credit to the consumer is obviously only postponing (and exacerbating) the inevitable. Does anyone know of where these stats could be found. regards Kastel