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Cathy Classics by Cathy Guisewite for April 17, 2009
April 16, 2009
April 18, 2009
Transcript:
Tax man: I will now attempt to demystify the term,"toxic assets". Cathy: Money's borrowed to buy things the value of the things plummets while the interest on the borrowed money rises, making the things unsellable and the loan unpayable, creating a black hole of debt that no one wants to touch! Tax man: Impressive! You went to business school? Cathy: I carry a purse.
how articulate!! NOW I get it.