I was doing some work in Rancho Santa Fe near the farms last week, and noticed one of those big repo trucks picking up a nice shiny 560 Mercedes from a very nice looking mansion.
Me thinks this one is hitting EVERYONE!
The “rich” can just go on credit cards longer than the “poor”
I have another customer who lost some 90% of his net worth since the crash in 2008. He apparently still has lots of money, but I suspect lots is now around $2 Million rather than 20…