To: arrogantsob
Credit is an inseperable element of Capitalism.
Agreed...As water is an indispensable element for sustaining life... Of course, a tidal wave of water or credit can have terrible consequences.
72 posted on
11/30/2008 1:45:12 PM PST by
PerConPat
(A politician is an animal which can sit on a fence and yet keep both ears to the ground.-- Mencken)
To: PerConPat
It is interesting to observe business cycles and the credit aspect of them. No matter people don’t learn and keep doing the things which impact and drive the business cycle.
Credit abuses are something which cannot be avoided without crushing the economy in general.
83 posted on
11/30/2008 2:18:58 PM PST by
arrogantsob
(Hero vs Zero)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson