Mcdonalds and real estate

[ado089]

Wd9, it was a fantastic plan over the
last 50 years and may continue to be but
the only thing constant in life is
change and we are on the precipus of
one. I'm sure that the new economy thar
shakes out of this will look nothing
like what we have now. There is too much
government and personal debt for the
status quo to hold. I will speculate a
brief stint of hyperinflation followed
by a massive systematic rite off of debt
resulting a hard reset of the global
economy and currencies.

[Choice2U]

I hate debt write-offs. Those that got into a debt they couldn't carry should pay for their sins because the likes of me that have managed my debt levels will get no debt write-off. I could have borrowed more than I did but I am concerned about leaving my fate in the hands of a government decision. I realize one may be talking about debt write-off at higher levels in govnernment. The CCF wrote off alot of debt after the 30's and they were rewarded by getting the vote of large farmers (kept their farms) for the next few generations while those farmers that watched their p's & q's got nothing.

[grrrr]

Choice-I agree 100%. This past summer, me and a couple of ol' boys sat around having coffee and "land that was bought back for half price or less" came up. These guys now walk around with their noses up in the air, while the rest of us paid for their earlier greed.