JP- Dont mistake my lack of pleasure in their pain for any kind of sympathy. I view them no different than people who were leveraging their homes in 1999 to buy tech stocks because “we are in a new economy”. Sucks for you. Dont come crying to me about it. Loose it all, start over and take it like a man/Woman. You are not a victom. Victoms are people who didnt get a choice, they did. These people are the ones who had one or two beers, and decided to see what that new sportscar could do. Maybe it was the trip of their life, maybe they ended up with a DUI, maybe they kill somone. This time around we ended up in a huge wreck and the dollar is the one who got killed. Suck it up, admit it, and take the punishment/pain. That is the fastest, fairest, and reall only way out of this that wont just make sure we bubble again somewhere else. But my lack of pleasure doesnt give a ounce of sympathy.
As for the argument that we have to do it otherwise we’ll fall into a depression, see judgemnet day come, and have to give up society as we know it, I say BS. Our economy can be a very healthy and powerful thing if we would just stop trying to turbocharge it and then not do any maintaince. Hey FLU, what happens when you push a turbo engine really hard and then just turn it off at night and dont change the oil? That is where we are now.