Comments on: The Common Thread Between the Housing Collapse, the Euro Crisis and Millions of Americans – Debt http://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/ Financial Evolution: Education, Adaptation, Achievement Mon, 06 Feb 2012 15:43:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Migrating from Blogger to WordPress and Other Good Reads | Saving to Investhttp://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/#comment-6102 Migrating from Blogger to WordPress and Other Good Reads | Saving to Invest Mon, 31 May 2010 22:43:38 +0000 http://www.darwinsfinance.com/?p=2412#comment-6102 [...] The Common Thread Between the Housing Collapse, the Euro Crisis and Millions of Americans – Debt [...] [...] The Common Thread Between the Housing Collapse, the Euro Crisis and Millions of Americans – Debt [...]

]]> By: Yakezie Weekly Round-up: Memorial Day Edition | Engineer Your Financeshttp://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/#comment-6086 Yakezie Weekly Round-up: Memorial Day Edition | Engineer Your Finances Mon, 31 May 2010 00:09:05 +0000 http://www.darwinsfinance.com/?p=2412#comment-6086 [...] Finance shows us The Common Thread Between the Housing Collapse, the Euro Crisis, and Millions of Americans. To purposely lead readers to the article, I’ve left out the answer so you’ll just have [...] [...] Finance shows us The Common Thread Between the Housing Collapse, the Euro Crisis, and Millions of Americans. To purposely lead readers to the article, I’ve left out the answer so you’ll just have [...]

]]> By: Aury (Thunderdrake)http://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/#comment-5969 Aury (Thunderdrake) Tue, 25 May 2010 02:42:02 +0000 http://www.darwinsfinance.com/?p=2412#comment-5969 One of the biggest downfalls of the debt generation (as well as my own) is that we're too financially illiterate. As in... We spend way, way, way too much on liabilities and things we don't need, completely ignoring the financial guillotine that looms above many heads. It's scary, really. While I do believe there's a thing such as good debt and bad debt, many fall into debt with credit cards, car payments, personal mortgages... Scary. One of the biggest downfalls of the debt generation (as well as my own) is that we’re too financially illiterate. As in… We spend way, way, way too much on liabilities and things we don’t need, completely ignoring the financial guillotine that looms above many heads. It’s scary, really.

While I do believe there’s a thing such as good debt and bad debt, many fall into debt with credit cards, car payments, personal mortgages… Scary.

]]> By: Davidhttp://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/#comment-5828 David Tue, 18 May 2010 04:18:42 +0000 http://www.darwinsfinance.com/?p=2412#comment-5828 Debt is an enormous problem. Hopefully we can move away from debt accumulation to wealth accumulation. Debt is an enormous problem. Hopefully we can move away from debt accumulation to wealth accumulation.

]]> By: Earn Cash Nowhttp://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/#comment-5823 Earn Cash Now Mon, 17 May 2010 22:58:12 +0000 http://www.darwinsfinance.com/?p=2412#comment-5823 There is nobody to blame but yourself when it comes to debt. Even if you don't have debt every single person had something to do with the collapse. So why not just take the blame like we all are doing and fix the problems. We don't need more debt in this country, all we need is a good solution, not necessarily a fast solution. There is nobody to blame but yourself when it comes to debt. Even if you don’t have debt every single person had something to do with the collapse. So why not just take the blame like we all are doing and fix the problems. We don’t need more debt in this country, all we need is a good solution, not necessarily a fast solution.

]]> By: ctreithttp://www.darwinsfinance.com/housing-collapse-euro-crisis-debt/#comment-5816 ctreit Mon, 17 May 2010 15:58:22 +0000 http://www.darwinsfinance.com/?p=2412#comment-5816 I think the crucial point about debt is to be mindful of it. Companies and countries take on debt so that they can build something bigger and better for future earnings. Individuals do the same. But every entity has to be keenly aware why debt is incurred, what to do about it, and how to pay it back with future earnings. Like you say, every entity needs to take out the canvas and paint a realistic or at least an impressionist painting. As for politicians, Christie is painting much better even without an imminent crisis than the Greeks are. Well, are they paining at all? I think the crucial point about debt is to be mindful of it. Companies and countries take on debt so that they can build something bigger and better for future earnings. Individuals do the same. But every entity has to be keenly aware why debt is incurred, what to do about it, and how to pay it back with future earnings. Like you say, every entity needs to take out the canvas and paint a realistic or at least an impressionist painting. As for politicians, Christie is painting much better even without an imminent crisis than the Greeks are. Well, are they paining at all?

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