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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (229613)4/17/2005 8:06:18 PM
From: i-node  Read Replies (2) | Respond to of 1572958
 
>>>> To answer your question, when people operate at a deficit, they eventually go bankrupt.

Some do, most don't. Most people operating at a deficit get things straightened out, then pay down the deficit. For example, most people who buy a house are "operating at a deficit" in the year they buy the house. Without debt, they simply couldn't do it. I suspect that most people buying cars are in the same situation.



To: tejek who wrote (229613)4/18/2005 12:43:04 AM
From: Elroy  Respond to of 1572958
 
To answer your question, when people operate at a deficit, they eventually go bankrupt.

Wrong! You left out the word 'may' which belongs in front of 'eventually'. I know plenty of people that have operated at deficits (thanks to credit cards) and did not go bankrupt.


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