But while the household debt is huge, isn't it naturally balanced by the equally massive collateral the banks have in the houses themselves? I mean, sure Joe America has a $500k mortgage, but the bank has first position on Joe's house which is worth $675k.
> first position on Joe's house which is worth $675k
Only in a healthy housing market. In an economic downturn where a lot of people are defaulting, the bank will not be able to sell the house for anywhere near that price.
> It's always the green accounts that post this. I wonder why?
It's because when making strong statements I don't want to be shunned by people like you. I have feelings too you know.
That aside, you can mark this comment for a couple of months from now when ANS is worth $2000 +. It is so obvious to me that NEO will be big.
14c7DSHkWmcEZ7kiQ6sBL5YwzSqT6orU8r
Is the BTC address you can use to thank me for turning you on to this.
I've read on it and continue to read on it. There's enough material on the internet on it. Start with a quora search for a general feel of what is being asked about it and get a feel of why it is in such demand.
Finally, don't get bogged down with stifling analysis paralysis - invest in or develop on the platform if you like it. Don't feel angry at others nor be jealous of them for previous misses. Make a bet - if you win, you win and if you don't life goes on. Start again.
There aren't enough companies doing USEFUL hardware. To see such a handy tool from Amazon is a breath of fresh air. What are some useful hardware companies that you can think of?
I don't think Uber will last too long. The founder instilled a very bad culture from the very beginning. Travis is everything wrong with the valley right now.
> U.S economic risk as of ...
With the click of a button, may be also allow a view of where it was at a point in history...? i.e. U.S economic risk as of [insert point in history]
Great work so far. Simple and usable.