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world credit


1 posted on 11/25/2007 8:30:14 PM PST by Flavius
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To: Flavius

I wish....I just entered low 8s


2 posted on 11/25/2007 8:31:15 PM PST by wardaddy (I'm praying for Fred......our only decent hope......)
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To: Flavius
33,000.00 GBP

=

68,100.74 USD


4 posted on 11/25/2007 8:33:20 PM PST by BGHater (Lead. The MSG for the 21st Century.)
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To: Flavius

Why would credit card debt grow to pay mortgage debt?

That seems a bit backwards to me.

Payoff credit card debt in full and on time every month.

No exceptions.


6 posted on 11/25/2007 8:36:42 PM PST by padre35 (Conservative in Exile/ Isaiah 3.3)
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To: Flavius

Not a word on how much their assets, income and tax burden changed in the same period. The level of debt is a worthless metric unless the broader financial context can be known.


7 posted on 11/25/2007 8:38:36 PM PST by theBuckwheat
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To: Flavius
From the article:

"The average adult now owes £33,000 through mortgages, credit cards and personal loans compared with £17,000 in 2000, the international accountancy firm PricewaterhouseCoopers claims."

Considering that includes mortgages, that seems kind of low.

10 posted on 11/25/2007 8:46:35 PM PST by Trailerpark Badass (Don't taze me, bro!!)
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To: Flavius

Give ‘em more loans. Asians will underwrite them. ;-)


18 posted on 11/25/2007 10:21:15 PM PST by familyop
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To: Flavius

Saw a statistic from about 1980 that the average worker in an industrialized country will emerge $70,000 ahead at the end of his career. He might make $1 million but that’s what is left.


23 posted on 11/26/2007 12:16:12 PM PST by RightWhale (anti-razors are pro-life)
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To: Flavius
That's roughly $68,000 USD debt load for every Briton.

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

26 posted on 11/27/2007 6:38:56 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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