Economic Unsustainability & Credit Deception

Clodfobble · 09-18-2006, 05:12 PM

This may be a stupid question, I'm not really sure... But as long as I'm spending my money wisely, and not going into ridiculous amounts of debt or living beyond my means, why do I give a crap if a large portion of the country isn't behaving responsibly? Doesn't that just mean I'll get a good deal buying their house from them when they get foreclosed on? If a bunch of stupid people go bankrupt, how could this measurably affect me?

09-18-2006, 05:12 PM	#7
Clodfobble UNDER CONDITIONAL MITIGATION Join Date: Mar 2004 Location: Austin, TX Posts: 20,012	This may be a stupid question, I'm not really sure... But as long as I'm spending my money wisely, and not going into ridiculous amounts of debt or living beyond my means, why do I give a crap if a large portion of the country isn't behaving responsibly? Doesn't that just mean I'll get a good deal buying their house from them when they get foreclosed on? If a bunch of stupid people go bankrupt, how could this measurably affect me?

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