[TigerLikesRooster]

The message won't sink in for at least another two years. There are lots of people who won't get it until they crash into a brick wall and get themselves bloodied.

[Comparative Advantage]

Sad but true. The folks who are now screwing their creditors by not paying their mortgages, credit cards or school loans will reap what they have sewn. After the proverbial SHTF, the result will be loans only to those with good credit ratings (and low debt ratios) and down payment money for mortgages. That’s the way it should be anyway. So, doing it the right way will eventually pay off, though everyone will be hurt in some form or fashion.

The party is winding down.