|
10-01-2008, 04:25 PM
|
#1 |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
'IF' the dollar crashes and is devalued by 59% or more....
Would you rather have;
$100,000 in the bank or $100,000 in credit card debt |
|
|
| Sponsored Links |
|
10-01-2008, 04:30 PM
|
#2 |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
Just curious
|
|
|
|
|
10-01-2008, 04:32 PM
|
#3 |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
On the IQ test in the banner - count the ends and divide by 2 for the answer
|
|
|
|
|
10-01-2008, 04:36 PM
|
#4 |
|
Tastee Freeze
Join Date: Dec 2002
Posts: 9,464
Adopt-a-Bronco: Champ Bailey |
b
|
|
|
|
|
10-01-2008, 04:37 PM
|
#5 |
|
Ring of Famer
Join Date: Jun 2005
Location: Colorado Springs, CO
Posts: 4,314
|
Depends... is the 100k worth of assets worth 100k before or after hyperinflation? I ask cuz I'd figure to go w/ b so I'll have some **** for the barter system
|
|
|
|
|
10-01-2008, 04:43 PM
|
#6 | |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
Quote:
|
|
|
|
|
|
10-01-2008, 04:47 PM
|
#7 | |
|
Ring of Famer
Join Date: Jun 2005
Location: Colorado Springs, CO
Posts: 4,314
|
Quote:
 |
|
|
|
|
|
10-01-2008, 04:48 PM
|
#8 |
|
Ring of Famer
Join Date: Aug 2008
Posts: 2,590
Adopt-a-Bronco: None |
not exactly sure why anyone would want the cash...
|
|
|
|
|
10-01-2008, 04:51 PM
|
#9 | |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
Quote:
Dude your in the top 5 when it comes to dumb ass posts. |
|
|
|
|
|
10-01-2008, 04:52 PM
|
#10 | |
|
Ring of Famer
Join Date: Jun 2005
Location: Colorado Springs, CO
Posts: 4,314
|
Whats it worth?
Quote:
|
|
|
|
|
|
10-01-2008, 04:55 PM
|
#11 | |
|
Ring of Famer
Join Date: Aug 2008
Posts: 2,590
Adopt-a-Bronco: None |
Quote:
|
|
|
|
|
|
10-01-2008, 04:58 PM
|
#12 | |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
Quote:
 Answer the question |
|
|
|
|
|
10-01-2008, 05:01 PM
|
#13 | |
|
Ring of Famer
Join Date: Aug 2008
Posts: 2,590
Adopt-a-Bronco: None |
Quote:
 |
|
|
|
|
|
10-01-2008, 05:05 PM
|
#14 | |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
Quote:
That question brick head |
|
|
|
|
|
10-01-2008, 05:07 PM
|
#15 |
|
"Hoodie Jr"
Join Date: Jul 2001
Location: Hot Springs, Ouachitah
Posts: 77,090
|
Depends on what kind of assets your talking about...toxic morgages or gold?
|
|
|
|
|
10-01-2008, 05:13 PM
|
#16 |
|
Ring of Famer
Join Date: Aug 2008
Posts: 2,590
Adopt-a-Bronco: None |
100k in the bank is basically the same as cash. Sorry if I didn't play your little semantics game perfectly right off the bat.
 |
|
|
|
|
10-01-2008, 05:18 PM
|
#17 | |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
Quote:
Last edited by baja; 10-01-2008 at 05:21 PM.. |
|
|
|
|
|
10-01-2008, 06:15 PM
|
#18 |
|
Ring of Famer
Join Date: Aug 2008
Posts: 2,590
Adopt-a-Bronco: None |
um....okay.
And you calling anyone else's posts dumb is as laughable as angryllama blasting someone for being ignorant and close-minded. |
|
|
|
|
10-01-2008, 06:17 PM
|
#19 |
|
Sauced...
Join Date: Apr 2004
Posts: 15,120
|
cash... cause when the dollar rebounds you will still have the debt.
Cash is king |
|
|
|
|
10-01-2008, 06:19 PM
|
#20 |
|
uhhhh
Join Date: Oct 2003
Posts: 5,538
|
cash...man, go back and eat you beans and drink your water from your solar still...you must be a hoot to hang out with
|
|
|
|
|
10-01-2008, 06:25 PM
|
#21 |
|
Ring of Famer
Join Date: Oct 2003
Posts: 9,086
Adopt-a-Bronco: Quinton Carter |
I would take the assets and debt, and then sell half the assets to cover all the debt when the dollar is down 50%.
|
|
|
|
|
10-01-2008, 06:36 PM
|
#22 | |
|
Sauced...
Join Date: Apr 2004
Posts: 15,120
|
Quote:
|
|
|
|
|
|
10-01-2008, 06:41 PM
|
#23 |
|
Mr Diplomacy
Join Date: May 2001
Location: Elway was just an arm =MacGruder
Posts: 84,438
Adopt-a-Bronco: Von Miller |
Hell I dont know , right now I would settle for 1,000 cash of free money and a fat woman
|
|
|
|
|
10-01-2008, 06:44 PM
|
#24 |
|
Ring of Famer
Join Date: Jan 2007
Posts: 12,559
Adopt-a-Bronco: None |
$100,000 cash. debt doesnt de-value, it will stay (and grow with interest) at 100k.
|
|
|
|
|
10-01-2008, 06:44 PM
|
#25 |
|
It is what it Is.
Join Date: Apr 2001
Posts: 53,934
Adopt-a-Bronco: Buy My Book |
What if your asset is gold
Buy $100,000 worth of gold at $800 on credit card Dollar drops 50% Gold goes to $ 1,600 at least, gold now worth $200,000 sell $100,000 Pay CC still retain $100,000 in gold |
|
|
|
 |
| Thread Tools | |
| Display Modes | |
|
Linear Mode
