Come on lets be real here! There are so many freck’n idiots out there like Alex that if you give them a credit card they will use it! if you give a loan they will take it!
Who checks the fine print anymore? No one
I need it now!! Give a me house, Give me the car I want, Give me, Give me, Give me!!!
Look at the spending report just out today….people are buying sh*t like crazy…
Has income gone up very much? NO
But debt has and will continue….
Responsibility doesn’t exist for the majority…. If the banks and the Feds come up with another way to exchange debt with different debt then the bottom will be a little pot hole ….and they will …um yeah thats right its called inflation!
Americans will just have to get use to follow:
1.paying 3000k + a month for a home, having second jobs, low interest rates to encourage more debt, 4 dollar a gallon milk, 9 dollar a gallon gasoline etc…Etc…
But did anyone see those Subprime loans taking off in 2004? B of A did? They decided Not to give them out but rather invest their customer’s money in it and encourage investment in BAD debt…the rest of the world fell in LOVE with our subprime crap
How about SIMprime loans in 2010? Super Impossible loans for the sucker. Maybe it time to change child labor laws so the American family can survive like the other third world country do?
The bottom is already here it called DENIAL!!!
You know what ALEX has something with the crapper and I’m joining him your crap says a lot about you about time we start looking at it more
