*       From: Jim Devine

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Of course, there are limits to how much debt working people can accumulate,
so this will eventually stop. In other words, Bosworth may be correct right
now, but the problem has been shoved into the future.

^^^^^^
CB: How would one go about estimating what these limits are and when they
might be reached ?


 If there is no limit to this borrowing, doesn't "the" working class have a
higher income in effect ?

I mean to the extent that the debts are written off because they can't be
paid, or interest is not all paid, it would be a raise (sorry).

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