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Old 11-26-2004, 06:55 AM  
Libertine
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Join Date: May 2002
Posts: 17,860
Quote:
Originally posted by BRISK
I've been reading for years about how much record amounts of debt the average American has these days. Even with interest rates as low as they are now, people are in debt at precarious levels, imagine if interest rates start rising?
On the bright side, inflation might make up for that by reducing the actual value of the debts. If only wages would rise as quickly as inflation could rise in the near future, all would be well
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