Tuesday, December 1, 2015

Mortgage Foreclosure: The deleveraging myth exposed: Generation Ponzi doesn"t pay down debts

When consumers take on debt, eventually it’s paid off. Debt is not an asset people spend their lives accumulating, at least it’s not supposed to be. Paying off debt is a process known as deleveraging. In a growing economy, young people take on debts to buy cars and houses while old...
The deleveraging myth exposed: Generation Ponzi doesn"t pay down debts




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