In 2010, with gold up to $1200 oz, a rapidly rising stock market, and a seemingly recovering economy, I wrote a follow up article entitled If The Futures So Bright How Come I Dont Need Shades, which argued that despite appearances, nothing had changed, and that we were actually still heading into an economic downturn so serve it would ultimately be termed a depression. Problem is, that didnt happen. As you can see, the collection process for a creditor can be time consuming, effort consuming and costly. If you default, the lender recoups his money by seizing and selling your asset. And in doing so. He wanted to pay everyone back, put some money in savings, and keep his house.