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Consumer Borrowing Increases


By CL   Follow   Thu, 10 May 2012, 6:58am PDT   831 views   3 comments
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http://www.theonion.com/articles/consumer-borrowing-increases-in-march,28144/

"It was only a matter of time before people remembered how fun it is to buy things with money they don't have."

Carrie Wackerman
Systems Analyst

Comments 1-3 of 3     Last »

freak80   Thu, 17 May 2012, 12:44am PDT   Share   Quote   Permalink   Like (2)   Dislike     Comment 1

That's hilarious.

TMAC54   Thu, 24 May 2012, 3:41pm PDT   Share   Quote   Permalink   Like   Dislike     Comment 2

IS Gubmint the only one allowed to live BEYOND IT'S MEANS ? Might as well rack up them credit cards. Many more banks are soon to fail.
http://www.fdic.gov/bank/historical/bank/index.html

Do they really have enough to repay savers in a collapse ?

freak80   Tue, 29 May 2012, 1:45am PDT   Share   Quote   Permalink   Like   Dislike     Comment 3

TMAC54 says

Do they really have enough to repay savers in a collapse ?

They have the printing-press, which is all they need...

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