Originally posted by Davo36
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Given a choice, the government will always save the day.
Some time ago people were surprised that most home owners had no mortgage or only a very small mortgage.
Not sure about the current situation but I expect that hasn't changed.
This means most people can withstand a downturn.
In fact, I'd say we are better placed today to withstand a downturn than ever before.
Take that, Financial Armageddon!
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