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Reply #10: No. it won't [View All]

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Home » Discuss » Archives » General Discussion (Through 2005)

Fescue4u

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-10-05 11:56 PM
Response to Original message

10. No. it won't

At least not immediately.

A very very small minority of folks go spending with the thought that they will just file BK on it.

Folks that end up in BK never thought it would happen to them.

Since nobody thinks it will happen to them, few will change their habits.

I suppose in about 4 years, when you have throngs of people fully saturated in debt, and unable to get a fresh start..then they'll stop spending..but it'll be very gradual.

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