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To: benwood who wrote (21143)1/12/2005 1:11:43 PM
From: Knighty Tin  Read Replies (1) | Respond to of 116555
 
Ben, right. Also, if credit supply is infinite and there are no requirements to have a chance of paying money back before you are allowed to borrow it, what do higher prices mean? You're simply going to default on a larger loan. Big deal. Bankrupt for owing $100,000 is the same as bankrupt for owing a million smackers. In the meantime, you have the Mercedes or Lexus to drive around in and show off and a fancy house with an indoor pool and sauna to invite the ladies, too. Wait a second. Tell me again why I save and never borrow? <G>