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

To: TimF who wrote (486139)	6/5/2009 10:18:55 PM
From: TimF	Read Replies (1) \| Respond to of 1575985

June 5, 2009 8:27 PM I think this is an example of confusing proximate cause and underlying cause. Yeah, it may be an unexpected medical bill of $4000 that breaks the camel's back. However, this is really a consequence of having little or no safety buffer rather than medical bills being the base cause of bankruptcy (instead, medical bills, due to their unexpected nature, simply represent the crucial "negative variance" in a quarterly household income statement that, due to an already overlevered balance sheet, provokes a liquidity crisis). meganmcardle.theatlantic.com