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RE: All I hear these days is Get out of Debt, Get out of Debt, Get out of Debt. Well, practically speaking that is not possible.

in #economy7 years ago

Two ways to look at this.... If hyperinflation happens the debt of a mortgage would whittle away. However if a crash comes they are going to go for every asset they can get. As for credit card debt and recurring debt that is just living beyond your means. That will have to be cured, one way or another.