BlueEyedSon
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Wed Mar-09-05 09:58 AM
Response to Original message |
2. While I agree that many people get into CC trouble by overspening |
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Edited on Wed Mar-09-05 09:59 AM by BlueEyedSon
A vast majority of personal bankruptcies in the United States are the result of severe misfortune. One recent study found that more than half of bankruptcies are the result of medical emergencies. The rest are overwhelmingly the result either of job loss or of divorce.--Krugman 08Mar05 http://www.nytimes.com/2005/03/08/opinion/08krugman.html
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