SI
SI
discoversearch

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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (75306)12/11/2006 8:12:24 PM
From: kris b  Read Replies (1) | Respond to of 110194
 
According The Federal Reserve’s latest quarterly “Flow of Funds” report, household debt continues to climb, topping out at 24 percent of household net worth and 135.5 percent of disposable income."

Did anyone put the gun to their heads and forced them to borrow?. How about living within ones means. It is just about time that Americans pull their heads out of their collective asses and take responsibility for their actions. Stop borrowing then capitalist Wall Street pigs will go broke and starve to death.

How come that I can live without a debt with pile of cash but others can't. BECAUSE I CUT CONSUMPTION AND LIVE WITHIN MY MEANS WITH NEVER SPENDING MORE THAT I EARN. So should they.