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Thread: How long will US dollar's decline last?
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[quote=GARYKINKADE,276212]I will admit that having mortgages, short term loans, and credit cards available to provide instant gratification to the consumers is wonderful but they must be used with caution. The question could be asked, which is worse, to have all the material goods and then be harassed by the creditors later or to not have any modern conveniences at all if they were to be paid only with cash. China is a huge market and no doubt the population will be pressured thru mailings and tv to use credit cards (a wolf dressed in a sheep's clothing) as the credit card companies always change their terms of interest rate and the late fee penalties are horrendous.[/quote]
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