Sniper

and released from the hospital. Holy Crap, never expected to see this. That's AMAZING news!!!

That's what I'm wondering too. In every case I can remember, there was an update on what the actual injuries were. Not in this case. Even this morning, the only report is that he's talking to family and doctors, but is in serious condition. Wifey, who is a medical professional, also thinks it might be a spinal cord issue, after taking a closer look at the condition of the car. Not sure why it's taking days to give a better update on him. He just announced he was splitting up with his wife. Maybe some legal issues intertwined in it.

Yes, and I posted the charts to show that. But you said taking on the debt was a GOOD thing. I've shown that it's a BAD thing, and people are way over leveraged. Do you even remember what you post?

Pros and cons, depending on your situation. They are great place to park AFTER TAX money, to allow it to grow for the future. Not a short term play. Versus a 401K or Traditional IRA, where you park PRE TAX money. A lot depends on how you pay yourself in your business, based on the corporate structure. Long term, if you park a lot in a ROTH, there are no minimum withdraws at 70-1/2 like with a 401K or regular IRA.

Selective... that's funny and rich... you read the complete article, and post a SINGLE sentence to support YOUR narrative, while I post MULTIPLE paragraphs to support my narrative from the SAME article to prove you wrong... Folks, you just can't make this shit up. Didn't read what I posted, did you? Here it is again: So, you think it's acceptable to take on MORE debt because of the PERCEPTION that people FEEL wealthier. Boy, that's really sound financial logic.... not.... And it seems to be working. Many involved in this thread are being totally lied to by Trump, but since it's Trump and MAGA. they think all is good... Sad... So, tell us. The media (and Trump) says our economy is GREAT!! So why did the FEDS lower the federal funds rate three times the end of last year, and why have they been printing/injecting $50B - $100B in the overnight REPO market every night? Does that sound like a GREAT economy??? And if your theory that borrowing money and taking on NEW debt makes so much sense to grow the economy, why is GDP floating in the 2% - 3% ranges, barely keeping ahead of inflation? If debt helps the economy grow, with the level of new debt, the GDP should be north of 6%.... but it isn't.... Here are two charts, yeah, I know, those pesky FACTS... this DOESN'T happen during a "Great" economy...

Watch the replay, unfortunately this was caused by Newman trying to block. NOT Blaney's fault. Newman went all the way down to the double yellows to try and block Blaney. Blaney had a big push from Hamlin, and was coming... Hell, Blaney almost lost control from the hard push by Hamlin. Newman was doing what any other driver would do coming to the checkers, protecting his position... sadly, crap happens in those situations. It's the nature of this type of racing...

Not sure about that yet... he might we awake and talking, but be a quad with a spinal cord injury. In decades of watching racing, I've never seen such a long delay to report exactly what the injuries are. That doesn't look good.

Did you actually read the entire article? Apparently not. Here are a few other points in the article: ....." Historically, in the United States and around the world, household debt has been at its highest when the unemployment rate has been at its lowest. But that doesn’t mean the credit card debt itself is good news. It’s time for a history, economics, and psychology lesson. The high levels of consumer debt show that there may be trouble ahead. This doesn’t mean that credit card debt isn’t a serious problem for American families: it absolutely is! In 2006 and 2007, like now, the unemployment rate was low and fairly steady, hovering at or below 5%. But consumers weren’t using their paychecks to pay off their debt — and the strength of the economy meant that lenders felt comfortable taking greater risks, That helps to explain why high levels of debt occur at the same time as low unemployment. But these researchers also found that the high levels of debt eventually forced economies to contract, because payments became too hard for borrowers to manage. the higher levels of lending and borrowing make both banks and families feel wealthier than they truly are. “With credit plentiful, borrowers typically spend more than is sustainable, giving them the appearance of being prosperous. In turn, lenders who are enjoying the good times are more complacent than they should be. But debts can’t continue to rise faster than the money and income that is necessary to service them forever,” writes Dalio. When the amount of debt in the economy starts to exceed what families can realistically repay, everybody suffers. Put simply: the high level of debt in the economy doesn’t mean we’ve hit “rock bottom.” It actually means we’re reaching the peak: the high level of debt means that things can only go downhill from here. That’s occasionally true, but when you look across the economy as a whole, we usually see the exact opposite phenomenon: families get into high-interest credit card debt as the economy grows, and then have to struggle to pay it back at the exact same time that the job market is tightening. " So, @JackDaWack, please share with us this economic theory again that "Factually speaking, debt is used as a vector for economic growth for both the public and private sectors..." You also might want to read the COMPLETE article that you post....., for facts....

There's been no updates to his condition, after all this time. It's not looking good.... My guess, he has severe head injuries or a major spinal cord injury. If you look at the picture below, the whole top of the driver compartment was crushed. There isn't a lot of headroom in there, and Newman isn't a small guy. Blocking is the SOP on these types of racing. They don't have a choice if they want to win. All the drivers need to step up and force NASCAR to change the rules, this door to door racing tears up way too much equipment and injuries too may drivers.

You're free to post your own data points and graphs to prove this is all propaganda. Help us out, go ahead, do it! I'll wait......................................................................

Ahhh, I see... so all these people Mustang is talking about are taking on this INCREASED debt because of GOOD economic conditions and record low unemployment. And tapping out their 401Ks for loans early is a vector for economic growth. That's one interesting economic theory. I wonder how all the multiple bankruptcies factor into that amazing economic growth model in this terrific economy. Please tell us more.

Yep, typical discussion here. One person brings charts, links and data, the others, bring OPINIONS (not backed by anything) which they THINK are facts. Just another day in paradise!

Well, you too, could go read the report, but apparently, that would take some effort. And since they partner with United Way, I would guess they're not like you describe. During a good economy, responsible people pay DOWN debt and save money, they don't take on MORE, and go further underwater. But maybe things work differently in your world.

Looks like most didn't have issues, only one car wouldn't fire up. Meanwhile, getting ready to go Green!!!!

They also have fully electronic dashboards, and sensors out the wazoo, the days of analog gauges have gone away with the dinosaurs.

I just said that a little while ago. Sitting out on the track, overnight with only a tarp, the moisture is really going to mess with the electronics. And the teams aren't allowed to touch the cars, except to change radios and check air pressures.

Reminds me of the last housing crash, when banks were giving mortgages to anyone who could hold a pen. When a guy working at the car wash got a $600K home loan, then couldn't pay for it, he blamed the bank for giving him the loan, instead of taking personal responsibility for signing the mortgage note, knowing full well, he couldn't afford the payment.

Mother Nature always wins!

No, what it correlates to is people not understanding their finances, and just make the minimum payment each month, while racking up interest at 15% -20% of their balances. Same with cars and houses, people buy "payments", and just base taking on the debt if they can pay the minimum. That's why some car loans are going out 8 years. Low monthly payments. Period. No thought on the debt. Over 60% don't pay off their credit card balance each month, and keep rolling it over. Meanwhile, more people are defaulting on debt, half of people with medical debt have defaulted, 40% of college loans are in default, sub-prime car loans at record default levels, credit card default levels rising.. If you really think these are signs of people doing well in a good economy, I have some really nice oceanfront property to sell you in Kansas. I just showed you in the charts above, neither one of those is happening. So what happens when the recession gets here at the end of the year?

And.... it's rain delayed and postponed until 4PM tomorrow....

Ahhh, someone who gets it. Yes, my point to the thread was that the economy is being "advertised" as the best it's ever been, but for the majority of the population, that means nothing, because they don't take personal responsibility for their financial situation. Or, they're "sheep", who believe what they are told, and take on huge debt, without any idea how they will pay it back. Plus, they AREN'T saving for the future either: And, this is why Bernie will win in November, unless he has another heart attack or gets Arkancided....

Since you apparently know more, please post YOUR charts showing us the real truth. There seems to be a trend:

Actually it wasn't, you need to read better: Does that say CNBC?