Quote:
Originally Posted by Scott h
You are right, but I sure hope it doesn't get to that. The best thing people can do is make sure they don't have any unnecessary debt. Cash could really come in handy as there could be some great deals on toys if this keeps up for very long. Think back to 2008.....  |
The negative rates for the last 5 years or so are a contributing factor to the meltdown now, no question. Not carrying any debt load, and only a small mortgage at this point, it's easier to be calm.
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