The study found that the $83.27 billion in credit card debt that banks wrote off in 2009 accounts for the bulk of the of $93.2 billion drop in consumer card balances.
the debt's was written off
http://www.google.co...7sbxP_AQD9EC2K5O3
The study found that the $83.27 billion in credit card debt that banks wrote off in 2009 accounts for the bulk of the of $93.2 billion drop in consumer card balances. |
yup, that will really help out the economy
- (boxley)
- (25)
- March 3, 2010, 08:45:58 AM EST
Yes, it probably would
- (drook)
- (6)
- March 3, 2010, 09:47:26 AM EST
My american dream involved a roof and regular meals
- (boxley)
- (1)
- March 3, 2010, 10:00:01 AM EST
Rural is fine. Urban is fine. Suburbs are the problem.
- (drook)
- March 3, 2010, 10:18:49 AM EST
Aussie Dream was similar.
- (static)
- (3)
- March 3, 2010, 05:28:19 PM EST
If only we had decent rail coverage
- (drook)
- (2)
- March 3, 2010, 07:06:15 PM EST
I hear ya.
- (static)
- (1)
- March 3, 2010, 09:19:04 PM EST
They even passed a law in Cleveland once
- (drook)
- March 4, 2010, 10:04:28 AM EST
depends on how they do it
- (SpiceWare)
- (17)
- March 3, 2010, 12:31:32 PM EST
thats one way to do it that would work
- (boxley)
- (16)
- March 3, 2010, 01:13:15 PM EST
You're expecting average 15% inflation? You're dreaming.
- (Another Scott)
- (15)
- March 3, 2010, 01:30:29 PM EST
Not 15%, but we need *some*
- (drook)
- (14)
- March 3, 2010, 01:46:16 PM EST
Agreed. Nobody saves when they're getting 0.5-2%.
-NT
- (Another Scott)
- (13)
- March 3, 2010, 02:12:29 PM EST
But they have been...
- (beepster)
- (12)
- March 3, 2010, 06:45:30 PM EST
Banks love it.
- (Another Scott)
- (11)
- March 3, 2010, 07:42:39 PM EST
just a matter of time before they start printing money
-NT
- (boxley)
- March 3, 2010, 07:51:52 PM EST
Personal Savings Rate
- (beepster)
- (9)
- March 4, 2010, 08:02:39 AM EST
I don't really think so
- (drook)
- (7)
- March 4, 2010, 09:22:33 AM EST
or the alternative view
- (beepster)
- (6)
- March 4, 2010, 09:59:10 PM EST
never! I pay rent to a bank
- (boxley)
- March 4, 2010, 10:38:15 PM EST
Here's a thought, for anyone looking to do an econ thesis
- (drook)
- (4)
- March 4, 2010, 10:45:01 PM EST
I know there's a semantic piece to that...
- (beepster)
- (3)
- March 4, 2010, 10:48:40 PM EST
Yes, some
- (drook)
- (2)
- March 4, 2010, 11:03:26 PM EST
Some comments by CalculatedRisk
- (Another Scott)
- (1)
- March 5, 2010, 07:45:25 AM EST
PCE should be stabilized and shrink as folks age
- (boxley)
- March 5, 2010, 09:15:24 AM EST
the debt's was written off
- (SpiceWare)
- March 10, 2010, 07:46:48 PM EST