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


To: philv who wrote (79132)2/19/2007 12:11:47 PM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
Seems to me many by the time they are near 30 have an incredible debt burden never faced before by any generation. Yes there is also an even larger group of freeloaders lining in their parents McMansion like never before as well.. When I was 30 only 15 or so years ago it would have been unthinkable for anyone my age to carry much more than a couple thousand in credit card debt or a mortgage much above $100k..