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


To: Taro who wrote (489149)6/19/2009 1:22:46 PM
From: i-node  Read Replies (1) | Respond to of 1574054
 
They may be highly indebted and in that case they would welcome any kind of inflation to bail them out together with the Obama government.

Well, that's a fact -- if you can pay off your debts with worthless dollars, that's a good thing.

Maybe I'll go take out a few loans.



To: Taro who wrote (489149)6/19/2009 8:05:58 PM
From: combjelly  Read Replies (1) | Respond to of 1574054
 
"They may be highly indebted"

Bzzt!

I owe about $8k right now. The balance of my house note. My credit cards are paid in full every month.

Thanks for playing! Here is a complementary pack of Cheetos!!



To: Taro who wrote (489149)6/21/2009 11:40:43 AM
From: tejek  Respond to of 1574054
 
The tejeks and CJs and RWs apparently don't have any concern over it; I suspect it is because they don't know just how bad it can be.

They may be highly indebted and in that case they would welcome any kind of inflation to bail them out together with the Obama government.


I have 6k in credit card debt and own a house that has around 200k in equity.