Friday, September 26, 2008
AS LEHMAN BROS. TANKS, CAN BREAD LINES AND SOUP KITCHENS BE FAR BEHIND? by Cynthia C. - Sep 10, 2008
Alexsandralyn S: "An excellent paper on this subject was put out by Brookings Institute in May..."
This single sentence tells you just how EXCELLENT this paper, published in May 2008, is:
"We share the view of some observers that the worst of the credit crisis is probably behind us."
That is paper I'd use in a roll format to be placed right next to a seating device in the smallest room in my home.
Sadly, there are no trailer parks here in Cambridge. My home is a priced a bit over the median for this city, but the mortgage is supported by two full-time jobs.
Alexsandralyn S: "If we paid cash in the first place, we wouldn't have a problem, just assets."
Your view reminds me of the Soviet Union where there was no credit system comparable to other industrialized nations. How did that work out? Perhaps you should consider looking into an Economics 101 course. Note that you live in a country where a lot of people have gone into debt to actualize ideas that make your approach to life possible. Or do I have to explain that to you?
AS LEHMAN BROS. TANKS, CAN BREAD LINES AND SOUP KITCHENS BE FAR BEHIND? - September 10, 2008 09:18 AM EDT
This single sentence tells you just how EXCELLENT this paper, published in May 2008, is:
"We share the view of some observers that the worst of the credit crisis is probably behind us."
That is paper I'd use in a roll format to be placed right next to a seating device in the smallest room in my home.
Sadly, there are no trailer parks here in Cambridge. My home is a priced a bit over the median for this city, but the mortgage is supported by two full-time jobs.
Alexsandralyn S: "If we paid cash in the first place, we wouldn't have a problem, just assets."
Your view reminds me of the Soviet Union where there was no credit system comparable to other industrialized nations. How did that work out? Perhaps you should consider looking into an Economics 101 course. Note that you live in a country where a lot of people have gone into debt to actualize ideas that make your approach to life possible. Or do I have to explain that to you?
AS LEHMAN BROS. TANKS, CAN BREAD LINES AND SOUP KITCHENS BE FAR BEHIND? - September 10, 2008 09:18 AM EDT
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