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To: Jack Hydrazine

All of you folks in DEBT for Anything or Any Reason are going to be in a World of HURT.


10 posted on 09/20/2015 11:41:58 AM PDT by eyeamok
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To: eyeamok

I don’t understand any of this.

I have a small mortgage which I could pay off with some savings.I have no other debt.

Is that the kind of debt that you mean?

.


16 posted on 09/20/2015 11:45:59 AM PDT by Mears (Liberals in the U.S. are less tolerant than Pol Pot was.)
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To: eyeamok
All of you folks in DEBT for Anything or Any Reason are going to be in a World of HURT.

Please Explain

17 posted on 09/20/2015 11:46:01 AM PDT by notaliberal (St. Michael the Archangel, defend us in battle,)
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To: eyeamok

Just bought 4 acre ranch cash. Close early October. Taking rest of year to pay off rest of debt. Do feel like I am running out of time


26 posted on 09/20/2015 11:57:04 AM PDT by Donnafrflorida (Thru Him all things are possible.)
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To: eyeamok

Why? I’m not in debt, but if I was, I’d be able to pay it back in inflated dollars.


30 posted on 09/20/2015 12:00:21 PM PDT by 1rudeboy
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To: eyeamok

That depends on whether currency inflates, or deflates, and whether the cost to service the debt is pegged to inflation. When currency inflates, the debt is paid off with “cheaper dollars.”


66 posted on 09/20/2015 12:45:37 PM PDT by Cboldt
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To: eyeamok
All of you folks in DEBT for Anything or Any Reason are going to be in a World of HURT.

If it goes totally haywire, debt collection and being a sheriff's deputy are going to be dangerous occupations. All that unsecured debt out there is not collectible without heavily armed authorities and debtor's prisons. Anyone suspected of being responsible for this cluster had better move to the bunkers.

71 posted on 09/20/2015 1:10:05 PM PDT by Stentor ("The best lack all conviction, while the worst are full of passionate intensity.")
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To: eyeamok

Nope. Personal debt won’t mean anything if SHTF.


81 posted on 09/20/2015 1:58:45 PM PDT by CodeToad (If it weren't for physics and law enforcement I'd be unstoppable!)
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To: eyeamok

“All of you folks in DEBT for Anything or Any Reason are going to be in a World of HURT.”

I think the ones who are owed are the ones in trouble.


82 posted on 09/20/2015 2:02:24 PM PDT by odawg
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To: eyeamok

“All of you folks in DEBT for Anything or Any Reason are going to be in a World of HURT.”

It’s rather funny that you put the word, “debt” in all caps. I just noticed the letters EBT as in Electronic Benefits Transfer in it!


85 posted on 09/20/2015 2:07:04 PM PDT by Jack Hydrazine (Pubbies = national collectivists; Dems = international collectivists; We need a second party!)
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To: eyeamok

Why would I pay off dept before an inflation cycle. That makes no sense.


93 posted on 09/20/2015 2:22:34 PM PDT by wgmalabama
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To: eyeamok; All

well, when you’ve got elderly parents you’re ALWAYS gonna be in debt to the Hospitals.


113 posted on 09/20/2015 7:31:21 PM PDT by Shadowstrike (Be polite, Be professional, but have a plan to kill everyone you meet.)
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To: eyeamok
All of you folks in DEBT for Anything or Any Reason are going to be in a World of HURT.

I partially disagree. When the world blows up, all current mortgages my become null and void. The banks are not even going to have money for people that was in the checking accounts.

We are about to enter uncharted territory.

122 posted on 09/21/2015 3:10:39 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
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To: eyeamok

Thanks for the encouragement.


131 posted on 09/21/2015 6:52:59 AM PDT by OKSooner (Chamberlain at least loved his country, please don't insult his memory by comparing him to 0.)
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