To: neutrino
Our economy as well as the rest of the worlds has been propped up by the excess/hyper consumerism of the everyday Americans. One day those home equity loans and CC are going to be maxxed out...and watch out.
16 posted on
09/18/2005 10:27:14 AM PDT by
superiorslots
(Free Traitors are communist China's modern day "Useful Idiots" and "Pillow Biters")
To: superiorslots
One day those home equity loans and CC are going to be maxxed out...and watch out. That day is upon us. The Treasury is about to increase the minimum payment from 2% of the unpaid balance to 4% - or more. That's going to have an impact; quite a problematic one, I think.
49 posted on
09/18/2005 11:58:41 AM PDT by
neutrino
(Globalization “is the economic treason that dare not speak its name.” (173))
To: superiorslots
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