Recently did lunch with a few of my kakis..
Was surprised that a certain friend was living off "credit".... spending more than he can afford.
"Credit" can be a double edged sword... it can cuts you both ways.
Sub-prime crisis arises to the fact that bank lax in giving credit & pple abusing the credit, when times are good.... everything is rosy.. when hard times hit you... things will start to fall apart.
Was wondering how many pple out are doing that.. living off credit..?
Be certain that the after effect hasn't full blown yet.. more is yet to come.......
If you are those living off credit... better start rethinking your life
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