In the months before the collapse of Wall Street, people were willing to leverage the equity on their houses so that they could by a $3000 mixed breed mutt. This egregious use of credit lead directly to the collapse which has left so many of my neighbours wondering if they'll be able to afford food during the recession.
Fortunately there is always a silver lining on every cloud, and practical advice in every post.
I keep a weblog like it's still the 90s. For commentary and dissent please visit jontaylor.ca, or various other purveyors of thought online.
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