You Can't Make This Stuff Up: "Consumers Need More Debt"

The Big Daddy C-Master Big Daddy Living life to the fullest, and it feels great. I'm still here... for now... Posts: 26,387	You Can't Make This Stuff Up: "Consumers Need More Debt" Jun 6, 2014 11:40:38 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by The Big Daddy C-Master on Jun 6, 2014 11:40:38 GMT -5 Unbelievable.
	"Never satisfied, never full, they eat and destroy with grubby hands until nothing is left but piss, but now the judgement of all humans has begun."

JACK-2 Paragon Posts: 5,352	You Can't Make This Stuff Up: "Consumers Need More Debt" Jun 12, 2014 17:26:38 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by JACK-2 on Jun 12, 2014 17:26:38 GMT -5 What a massive cause correlation fallacy. Being in debt during the bubble is the cause of things being good during a bubble?

The Big Daddy C-Master
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You Can't Make This Stuff Up: "Consumers Need More Debt" Jun 13, 2014 7:24:38 GMT -5

Quote

Post by The Big Daddy C-Master on Jun 13, 2014 7:24:38 GMT -5

Jun 12, 2014 17:26:38 GMT -5 JACK-2 said:

What a massive cause correlation fallacy. Being in debt during the bubble is the cause of things being good during a bubble?

Debt was bad during the bubble and was a major cause *of* the bubble. Cheap money from the federal reserve and low interest rates that encouraged people to use their homes as a credit card.

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You Can't Make This Stuff Up: "Consumers Need More Debt"

Post by The Big Daddy C-Master on Jun 6, 2014 11:40:38 GMT -5

Post by JACK-2 on Jun 12, 2014 17:26:38 GMT -5

Post by The Big Daddy C-Master on Jun 13, 2014 7:24:38 GMT -5

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