Debt Explained In Thirty Seconds...
Remember this? This was an ad for a second mortgage you could take out easily on the rising equity in your house...
Because, after all... housing prices always go up...
"We need to get credit flowing again"... Yeah right...
2 comments:
Why is it no one "in charge" is brave enough to say - suck it up - work your asses off and don't ask for handouts.
I'm old enough to remember the negative equity generated from the last recession of the late 80's/early '90's. I've never been fool enough to fall for that old chestnut again. Shrug.
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