sr9web

There is No Household Debt Crisis

100% agree!


On Dec 30 08:29 AM whisperonthewind wrote:

> I'm not sure exactly where everyone else is, and I'm not a millionaire,
> or even a thousandaire... if there is such a thing. But my household
> expenses haven't changed one iota, nor has my income changed in either
> direction. My loans are still paid on time, my credit cards are paid
> every month in full, my car is paid off, my insurance is paid, my
> taxes are paid. This is probably why I don't have a lot of money
> in the bank, but I have ENOUGH to stay in this position for now.
> My investments tanked, like everyone else's, but on a daily basis,
> my life hasn't changed at all. IF, as I hope, the market does go
> back up eventually, maybe my financial stocks won't laugh at me anymore.
> My oil stocks will tell me I was right to hold on to them. And here
> and there I'm picking up some stocks that are starting to look appetizing
> now. So for those of us who haven't been living beyond our ability
> to pay, this article isn't too far off base. For those who have that
> never-ending desire to surpass the Joneses, tough luck.