A trend is emerging: People are willing to allow mortgages to go unpaid and are paying their revolving credit.
Actually, we did have to go a month without paying. But, that was more because of some mess ups with my husband’s business. It’s going to be a really tight budget in the next few months because of it, but there wasn’t really a choice.
I saw a snowflake today. There was no doubt about it. Winter is here although it is still around 30. Everybody getting their heating oil tank topped off is kind of stuned by the size of the payment, highest price ever and last winter was hefty. Those who haven’t allowed for the extra couple hundred for a fill up are feeling the pinch.
But... but... but... they said this was only a subprime problem that only affects a teentsie-weentsie tiny little number of loans. You mean, they lied? Say it ain’t so...
Tip of the iceberg.