Quote:
Originally Posted by 01pewterz28
IMHO the next bubble to burst is the Credit Card bubble in 2012
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Bout damn time if it were so. I doubt pensions would pop, the sub prime thing looked to scare 'em into at least getting it stabilized with the future in general going to the fan from a 2009 POV.
With the regulations in place, and the cards turning into card sharks preying on students as it is.. if that bubble goes *pop* I'll welcome it. Drive the rates up and all that. I prefer cold hard cash and my visa check card aka Debit card.
From day one in college, "Only spend what you have.. not what you have in speculation." I HATED all those damn card ads.
What's in my wallet.. some cold hard cash and a piece of plastic that can access the rest of MY cash digitally.