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Since real estate would include commercial interests, too, what about homeowner credit?

As for domestic-denominated credit going negative, what does that mean at all? Interest payments, or (early) repayments (refinancing)?

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Tue Oct 28th, 2008 at 07:54:10 AM EST
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Well, this is 'household credit after all' - but a precise term is a bit beside the point.

I have no idea how net debt can be negative - as it has been since 2006.

A vivid image of what should exist acts as a surrogate for reality. Pursuit of the image then prevents pursuit of the reality -- John K. Galbraith

by Migeru (migeru at eurotrib dot com) on Tue Oct 28th, 2008 at 10:26:04 AM EST
[ Parent ]


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