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|User Info||'Affordable' debt still bad?; entered at 2010-06-02 10:19:59|
26% is IMHO high but not ridiculous. What's "quite a while"? If the answer is "two years", you're probably safe. If it's "one year", you're in the yellow zone. If it's a few months you're gambling that the **** does not hit the fan to any material degree. If it does, you're ****ed.|
If this really IS K-Winter you're looking at a decade before things truly turn around. That doesn't mean there won't be good and bad periods in there, as there will be. It does, however, mean that if K-winter started in 2000 we have another 10 years to go.
Last modified: 2010-06-02 10:21:08 by genesis