world credit
I wish....I just entered low 8s
= |
68,100.74 USD |
Why would credit card debt grow to pay mortgage debt?
That seems a bit backwards to me.
Payoff credit card debt in full and on time every month.
No exceptions.
Not a word on how much their assets, income and tax burden changed in the same period. The level of debt is a worthless metric unless the broader financial context can be known.
"The average adult now owes £33,000 through mortgages, credit cards and personal loans compared with £17,000 in 2000, the international accountancy firm PricewaterhouseCoopers claims."
Considering that includes mortgages, that seems kind of low.
Give ‘em more loans. Asians will underwrite them. ;-)
Saw a statistic from about 1980 that the average worker in an industrialized country will emerge $70,000 ahead at the end of his career. He might make $1 million but that’s what is left.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus