I earn $100K and have a $400K mortgage, so I have a much worse debt:gdp than the... | Hacker News

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		excuse-me on April 18, 2012 \| parent \| context \| favorite \| on: Spain Is Doomed I earn $100K and have a $400K mortgage, so I have a much worse debt:gdp than the homeless guy collecting cans in the bus station

pessimizer on April 18, 2012 [–]

If the homeless man and you ask for equivalent loans in proportion to your salaries, he is also a far better investment than you.

excuse-me on April 18, 2012 | [–]

But in terms of "likely to get your money back" would you lend to Germany or Spain?

pessimizer on April 18, 2012 | | [–]

After imposed austerity or before?

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