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This is scary 
For every $100 we earn, we owe $130
- Thread starter krisbarry
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This is scary 
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Re: For every $100 we earn, we owe $130.
hmmStop_the_clock said:
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No doubt directly related to the boom where you pay three times as much for the same house.
Ultimately, the debt's value will be inflated away via large wage rises or the debt itself destroyed in a deflation. Actual repayment is pretty unlikely.
Ultimately, the debt's value will be inflated away via large wage rises or the debt itself destroyed in a deflation. Actual repayment is pretty unlikely.
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