Thread: Jim Rogers: We are making the same mistake as Japan
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Old 02-12-2009, 02:55 PM  
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Quote:
Originally Posted by sharphead View Post
"Why should I bother paying back my credit cards and loans? I can just file bankruptcy and start over again in 7 years!"
If that's how you feel...then you'll be thrilled by the White House announcement today regarding government bailout of homeowners' PRINCIPAL mortgage amounts on upside down mortgages.
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