Author Topic: ..Be careful...  (Read 161 times)

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Offline ironglow

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..Be careful...
« on: October 04, 2023, 05:30:36 AM »
    Be careful with credit card debt..  Thirty year home loan now 8%..still virtually no interest  in savings accounts  Steve Bannon says credit card debts
   will soon be at 27%..

   No way for many to "dig out"..  For just that reason, i never got into the credit card death spiral..  My card is paid off monthly..no interest. But still
   the PTB is robbing us on our savings  IRA and 401K accounts.

  Not hard to figure out...  Inflation is at least 18% since biden stole the election...  That means your savings, IRA and 401K dollars are worth 18% less, that is, have 18% less buying power.

  Say you had $30,000 in savings account when the Biden crime family moved in.. It's buying power now, is less than $25,000..

   Ofv course, Obnama took such good care of the big banks, that they don't need our money, so they won't pay much interest,
  which would help us keep pace with inflation.

  ..And the fat cats get fatter..   https://perfectunion.us/wall-street-banks-huge-profits-off-surging-credit-card-debt/
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)

Offline DDZ

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Re: ..Be careful...
« Reply #1 on: October 04, 2023, 07:40:41 AM »
Credit card debt is another thing thats killing this country. Its over one trillion now.  Then most bring it on themselves trying to keep up with the Jones'es.
Those people who will not be governed by God will be ruled by tyrants.    Wm. Penn

Offline ironglow

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Re: ..Be careful...
« Reply #2 on: October 04, 2023, 06:04:00 PM »
Credit card debt is another thing thats killing this country. Its over one trillion now.  Then most bring it on themselves trying to keep up with the Jones'es.

   A word, ..to the wise..

    "Some folks spend money they don't have, to buy things they don't need..just to impress some folks they really don't like anyway.."
If you don't want the truth, don't ask me.  If you want something sugar coated...go eat a donut !  (anon)