Comments on: “Can Buying a House Bankrupt You?” http://www.dailyreckoning.com.au/buying-house-bankrupt-you/2008/02/12/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: John http://www.dailyreckoning.com.au/buying-house-bankrupt-you/2008/02/12/comment-page-1/#comment-7150 John Tue, 12 Feb 2008 16:59:57 +0000 http://www.dailyreckoning.com.au/buying-house-bankrupt-you/2008/02/12/#comment-7150 "The U.S. consumer, they note, is famously big hearted…and small brained. He has been willing to ruin himself in order to boost up the global economy…"

Let's see: the rest of the world has been producing and the US consumer has been consuming. And this is "big hearted"? The rest of the world will be fine once they figure out that they can consume their own goods, which will happen as soon as the purchasing power of their money goes up (aka dollar crashes).

]]> By: christina http://www.dailyreckoning.com.au/buying-house-bankrupt-you/2008/02/12/comment-page-1/#comment-7122 christina Tue, 12 Feb 2008 14:35:37 +0000 http://www.dailyreckoning.com.au/buying-house-bankrupt-you/2008/02/12/#comment-7122 Hi, I thought of another alternate ending to this artice: "The American has finally come to the end of his rope. With no alternative left to him, it seems the old saying is true "give him enough rope and he'll hang himself" Hi, I thought of another alternate ending to this artice:

"The American has finally come to the end of his rope. With no alternative left to him, it seems the old saying is true "give him enough rope and he'll hang himself"

]]>