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thesheet wrote: I've a question to other readers. What is a good way to calculate one's own debt to income levels?
i.e. do you take you gross income and divide that by your total debt without regards to what assets(liquid and illiquid) that you may have?
What debt to income level is considered risky?
My goal to be bulletproof in my finances. I've taken Martin Armstrong's 2032.x collapse as a general focal point. My conclusion isn't that it will necessarily happen. It doesn't matter if it will or not since I believe basic sound finances from a level of debt point of view are the same whether economic times are good or bad.
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