What are differences between the good and bad debt?

What are differences between the good and bad debt?

The bad debt is the one you’re going to owe me for moderating this thread. Pay up now, slacker! :smiling_imp:

Many books have been written to address just such a question.

Therefore, could you be more specific, please?

Bloody hell taken by spam before my morning coffee!

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Mom?

This makes me curious. Why would this person or bot, Agung, post this same question on forums all over the net, without advertising link or elaboration?

Perhaps someone seeking an answer would Google the words, generating hits to a particular website?

Odd.

aggression? moderator?

dude…what’up?

Yeah, I wondered that as well. Then I assumed MTGuru deleted the link from
the OP. But then why didn’t he delete the user?

Anyway, to answer Agung’s question, a bad debt is when they break your legs.

It’s when you can’t pay for your cement shoes :boggle:

It’s a trick question. All debt is bad debt…but some debt is more bad than others. :smiling_imp:

If you’re not 100% sure you’ve got spam, the safest thing to do is eliminate any links that violate forum policy and leave the message intact. In any case, it gives us all something to laugh about!

Redwol

That could be it. It could also be testing of sophisticated software that will eventually act like a person. The first tests would be to see if they can register and post a simple message. Next up the line would be responses to the replies.

Russian programmers have been using sophisticated chat room software to “talk” to live people on singles sites. In that case, the motivation is to scam them out of money.

Untrue and incorrect. There are many forms of good debt, such that you can use what you owe as a tax write-off.

djm

No!

Debt indeed can be a very profitable financial vehicle, and that’s no secret.

As I earlier mentioned, many books have been written about debt, and so I was obliged to take the OP’s question seriously.

Basically, however, please remember the saying, that it takes money to make money.

Oh, yeah, baby.

Awkward. Abrupt. Apropos of nothing. And, apparently, attempting ubiquity. Plus I feel like I should tip the waiter for my okroshka and blini.

This is probably gonna end up deleted with prejudice, folks. Looks like there’s a class of 'bot out there I never though would happen soon. Guess we have to wake up and smell the spam.

Good debt has one more letter in it that bad debt.

Yes, I understand that the question is spam, but, regardless, answering the question, I think that a debt you assume to buy essential commodities, such as a car, tools for your work, or a house to live in is good debt, given that the interest rate is not extravegant and the borrower has the means to pay back the loan. Without borrowing the money you could not otherwise afford to buy these commodites that you need to live. For example, you need tools to do your job in order for you to earn money. You can’t wait until you have money to buy the tools.

Bad debt is debt assumed for non-essential items, where the debt puts the borrower in a financial precarious position. Wasting needed income on unnecessary interest payments and financial insolvency due to the overwhelming debt burden are two results of bad debt.

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This will be a matter for the Geek Oracle. Or somebody like that.

Oh, dear. I misspelled “thought”.