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enjoythemusic · 30 November 2022, 10:13 PM

Former.

Of course you could make debt work for you, yet many are not good at mathematics and financial planning in the short, medium, and long term. The good news is that, except for student loans, you can claim bankruptcy and walk away from most debt without much worry.

In 2007/2008 it was called "Jingle Mail' when home debtors stopped paying their mortgage and (proverbially) sent their home's keys back to the bank. In the USA today (2022), the Federal Reserve and their banking partners BlackRock, etc have purchased a lot of real estate in hopes of avoiding their 2007/2008 mistakes / miscalculations.

30 November 2022, 10:13 PM	#13
enjoythemusic 2024 Pledge Member Join Date: Nov 2012 Real Name: Steven Location: Glocal Posts: 19,426	Former. Of course you could make debt work for you, yet many are not good at mathematics and financial planning in the short, medium, and long term. The good news is that, except for student loans, you can claim bankruptcy and walk away from most debt without much worry. In 2007/2008 it was called "Jingle Mail' when home debtors stopped paying their mortgage and (proverbially) sent their home's keys back to the bank. In the USA today (2022), the Federal Reserve and their banking partners BlackRock, etc have purchased a lot of real estate in hopes of avoiding their 2007/2008 mistakes / miscalculations. __________________ __________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory.