Sunday, September 18, 2011

Capitulation-WHEN?

Awaiting the capitulation event as stimulus no longer works

You can hand a heavily indebted person a credit card and let them go off spending for another few months. You could even be kind and foolish and do this again. But you eventually reach the end of the road where their bad credit is a danger to your own financial position, and then you would have to stop.

Posted by keep walking @ 11:16 AM (689 views)
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