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follow Patrick 2018 May 20, 3:32pm
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upfront financing and dealer fees
Which have gone through the roof unchallenged by the office Faux a Hauntus at the CFPB.
Credit cards Not OK
Strategist saysCredit cards Not OKCC utilization rates are low actually, since this will be the longest economic expansion every recorded in history the low levels of delinquencies on lower quality debt should be expected If anything debt expansion is light
Student loans are OK.
Newly graduated students won't be able to buy anything
They are going to strangle the economy
Do some good for mankind.
Strategist saysStudent loans are OK.I disagree. They are going to strangle the economy. Newly graduated students won't be able to buy anything. And total student loan debt just keeps growing quickly.Which is by design, of course. Debt is slavery, and the rich need slaves.
Is gold digging included in this-marry somebody who makes money and divorce him after the long term marriage clause is over and then get lifetime alimony and half of all assets.
2. College. Student loans. High income for life.
I'm seeing more baby boomers putting the down payments into the millennials starter homes, sometimes even buying them outright. With the runup in equities most of the baby boomers are loaded. Still, some of that equity is due to higher prices! My condo value went from 100k to 130k in less than 4 years and it's junk, with a 2.625% loan I don't even think about paying the loan down anymore even though I could pay it off right now.