- This topic has 260 replies, 21 voices, and was last updated 12 years, 9 months ago by
CA renter.
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August 7, 2011 at 8:00 PM #716997August 7, 2011 at 9:43 PM #715813
CA renter
Participant[quote=EconProf]OK, I’ll bite.
She is a bad risk. She has a negative net worth, since there is no equity in her house and she owes 180k on revolving credit. Her balance sheet is the value of car (if paid off), furniture, etc., minus $180,000.
So much for her balance sheet. Her income has been less than her expenditures in recent years, but she promises to do better.
Run, don’t walk, from this person. She should go BK, and probably already considered it.
BTW, is she a proxy for the USA?[/quote]Agree with EconProf. I wouldn’t touch her with a ten-foot pole.
August 7, 2011 at 9:43 PM #715901Participant[quote=EconProf]OK, I’ll bite.
She is a bad risk. She has a negative net worth, since there is no equity in her house and she owes 180k on revolving credit. Her balance sheet is the value of car (if paid off), furniture, etc., minus $180,000.
So much for her balance sheet. Her income has been less than her expenditures in recent years, but she promises to do better.
Run, don’t walk, from this person. She should go BK, and probably already considered it.
BTW, is she a proxy for the USA?[/quote]Agree with EconProf. I wouldn’t touch her with a ten-foot pole.
August 7, 2011 at 9:43 PM #716503Participant[quote=EconProf]OK, I’ll bite.
She is a bad risk. She has a negative net worth, since there is no equity in her house and she owes 180k on revolving credit. Her balance sheet is the value of car (if paid off), furniture, etc., minus $180,000.
So much for her balance sheet. Her income has been less than her expenditures in recent years, but she promises to do better.
Run, don’t walk, from this person. She should go BK, and probably already considered it.
BTW, is she a proxy for the USA?[/quote]Agree with EconProf. I wouldn’t touch her with a ten-foot pole.
August 7, 2011 at 9:43 PM #716652Participant[quote=EconProf]OK, I’ll bite.
She is a bad risk. She has a negative net worth, since there is no equity in her house and she owes 180k on revolving credit. Her balance sheet is the value of car (if paid off), furniture, etc., minus $180,000.
So much for her balance sheet. Her income has been less than her expenditures in recent years, but she promises to do better.
Run, don’t walk, from this person. She should go BK, and probably already considered it.
BTW, is she a proxy for the USA?[/quote]Agree with EconProf. I wouldn’t touch her with a ten-foot pole.
August 7, 2011 at 9:43 PM #717012Participant[quote=EconProf]OK, I’ll bite.
She is a bad risk. She has a negative net worth, since there is no equity in her house and she owes 180k on revolving credit. Her balance sheet is the value of car (if paid off), furniture, etc., minus $180,000.
So much for her balance sheet. Her income has been less than her expenditures in recent years, but she promises to do better.
Run, don’t walk, from this person. She should go BK, and probably already considered it.
BTW, is she a proxy for the USA?[/quote]Agree with EconProf. I wouldn’t touch her with a ten-foot pole.
August 7, 2011 at 10:43 PM #715823AK
ParticipantAsian markets are tanking.
Investors are dumping equities and fleeing to safe havens. But what are their safe havens of choice? I mean, it would be really ironic if all that money was being parked in U.S. Treasuries.
August 7, 2011 at 10:43 PM #715911ParticipantAsian markets are tanking.
Investors are dumping equities and fleeing to safe havens. But what are their safe havens of choice? I mean, it would be really ironic if all that money was being parked in U.S. Treasuries.
August 7, 2011 at 10:43 PM #716512ParticipantAsian markets are tanking.
Investors are dumping equities and fleeing to safe havens. But what are their safe havens of choice? I mean, it would be really ironic if all that money was being parked in U.S. Treasuries.
August 7, 2011 at 10:43 PM #716662ParticipantAsian markets are tanking.
Investors are dumping equities and fleeing to safe havens. But what are their safe havens of choice? I mean, it would be really ironic if all that money was being parked in U.S. Treasuries.
August 7, 2011 at 10:43 PM #717022ParticipantAsian markets are tanking.
Investors are dumping equities and fleeing to safe havens. But what are their safe havens of choice? I mean, it would be really ironic if all that money was being parked in U.S. Treasuries.
August 7, 2011 at 10:44 PM #715828Participant(stupid double post)
August 7, 2011 at 10:44 PM #715916Participant(stupid double post)
August 7, 2011 at 10:44 PM #716517Participant(stupid double post)
August 7, 2011 at 10:44 PM #716667Participant(stupid double post)
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