[quote=deadzone][quote=bewildering][quote=deadzone] But the wildcard is how much stress will occur due to other debt, job losses, huge losses in stock portfolios, etc.[/quote]
Yes. I do wonder about households. Hopefully, most people didn’t overextend to buy properties. My worry is that a serious recession will hurt families that needed two wage earners to afford even the low-interest mortgage.[/quote]
I think the reality is many people did over-extend and continue to be up to their eyeballs in dept. That is the American way. That’s why we are in a bubble and when bubbles pop there is no such think as a “soft landing”.[/quote]
No one cares what you “think” you have no data to support that
