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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (8258)11/26/2001 10:38:45 PM
From: Softechie  Read Replies (1) | Respond to of 99280
 
I'm getting bombarded with credit card offers day after day. They have the money to lend for sure.



To: LTK007 who wrote (8258)11/26/2001 10:58:47 PM
From: Siddhartha Gautama  Read Replies (2) | Respond to of 99280
 
thanks for the insight.

do you think the growth in credit card debt is a good indication of this process of risk transfer to the J6P? i wonder how the ratio of average debt to per capita income compares between the present time and circa 1929.



To: LTK007 who wrote (8258)11/26/2001 11:41:02 PM
From: MSI  Respond to of 99280
 
They are making a killing

I got 10 (ten) card offers in the past two days alone

It may never be this good again. For the credit co's, that is.