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

To: TH who wrote (104368)	8/9/2009 7:59:59 PM
From: Elroy Jetson	1 Recommendation Respond to of 110194

If you have always maintained credit card debt equal to 10% of your annual income for many decades, this may not be a terrific idea but it's unlikely to take you under. If on a particular date, say August 15, 1980, you suddenly decide to rapidly increase your credit card debt far faster than the growth in your income, this will assuredly destroy you. You may claim your new policy of rapid debt expansion is "keeping you in the game" or "preventing your neighbors from laughing at you" or "merely an exponential twist". Yet all of this gibberish means nothing. The fact remains that your destructive new path began on August 15, 1980 and nothing you say will be able to confuse this situation for anyone other than yourself. The law of cause and effect remains unchanged. .