9th May 2007, 04:22 PM
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Member
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Join Date: Nov 1999
Location: Western Australia
Posts: 2,433
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Quote:
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Originally Posted by crash
Ok. Try this [many do and believe me they think this magic maths. works too]: Get a credit card and then get a 2nd. credit card to cover the interest payments on the first [eventually] maxed out credit card.Then get a 3rd. credit card to pay the interest payments on the first two [and so on]!
Not a lot different to what is being proposed in this thread as a method of punting.
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Hey Crash not as daft as it sounds depending on your age, I read about some American guy who wrote a software programme based on this principle, in the end he knew he would have more than 100 cards owing an absolute fortune especially to Amex (no limit) but that it would take I think it was 20 years for the bubble to burst, in the mean time he lived well, he wasn't too worried as he was already in his 60's hee hee! |