I did just the opposite.
Took out all the equity they would give me and borrowed fixed for 30 yrs at 3.6%.
I hope to pay it back with Baraqqi/Bernanke/Geithner minibucks.
I'm not doing the debt thing again.
/johnny
I have thought about the whole financial system failing or say, N, Korea manages to send a NEMP into the atmosphere and we have no power in certain regions of the country for a few years. No one could pay back anything as nothing would work. They also wouldn't get any money, either, as nothing would work.
That's why it's important to have water and food for as long as possible without relying on having money.