Wednesday, August 3, 2011

Fabulous picture, but…

Fabulous picture, but…: "Suppose you take a loan and buy a Lexus. You decide to buy a car for your wife. You keep the Lexus and take out a second loan to buy her a Ferrari. Your wife loses her job, so you’re struggling to make the payments on both cars and your teenaged daughter asks for a car and you buy her an Acura. So what’s the source of your impending bankruptcy? It can’t be the Acura, right? That’s only a small part of your debt!"

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