Posts Tagged Stuff

Foresight: Due to massive debt and the devalued dollar, what will retail sells be like this holiday season?

holiday debt
Chi Guy asked:


What will that do to the market? Oh yea, that requires thinking beyond next week. Sorry.

Then there is also those high energy costs to heat the house…
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New neo-slogan “Don’t worry. Be happy”
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LoveMuffins (below) Ahh, but due to the litany of bad debt/credit, why would banks keep lending. Also, the subprime lenders have made their billions and are now going away.
Brian (below) Confidence ends where debt payments begin. Jus as with the housng market, the US is near it’s peak of debt. The air has to come out sooner or later. Thus it should occur this year.

B.Kevorkian (below) I think paying down debt will be the word for the day over the holidays.
Biggg (below) It does when the bulk of the stuff purchased comes from other countries. Are they going to drop their prices any lower than their cheap labor has already allowed them to?

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How can a bank force you to pay your credit card bill that you are not paying at all?

credit card bill
Tiffany H asked:


Details– Can they take money from you like the government does or can they come into your home and repossess stuff that you own just because your not paying a credit card bill?

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3 Comments