Some commentators have implied that the answer is basically the same: people got deep into credit-card debt, or took out mortgages for 10 times their income, because they were temporarily sucked into the psychosis of the powerful and it didn't occur to them that there might be consequences.
I was going deep into credit-card debt, was 21 years old and worked all day for nothing, and was too exhausted to ever enjoy the city around me.
Treasury secretary John Fraser believes it is worthwhile pursing a "deep" investigation into credit card interest rates.
For the Conservatives it is easier to see the headline attraction of going further on welfare (although hard, Nick Boles' speech suggests how: deep into tax credits and benefits).
BLOOMBERG NEWS K.K.R. Continues Lending Push | The firm is going deeper into the credit business, with a major senior lending initiative planned for this year, said Erik Falk, co-head of leveraged credit operations, without providing details, Reuters reports.
VantageScore (O'Connor 2014), for example, utilizes advanced analytics and reaches deeper into the credit file by integrating new data points, like rental payments, to help score consumers who previously were unscoreable.
With this, he and Lange used a section of Michael's orchestration and created "(Everything I Do) I Do It for You", which was then placed deep into the closing credits of the film when it opened on June 14 , 1991
"It's still better than spending yourself deep into debt on a credit card with a really high interest rate," he said.
The strong showing suggested that the economy was resilient even as the housing market plunged deeper into turmoil and credit problems intensified.
