Thread: Weird Economics
View Single Post
  #2 (permalink)  
Old 09-08-2007, 03:49 AM
mrbowler's Avatar
mrbowler mrbowler is offline
Ultimate Deal Wizard
 
Join Date: Sep 2000
Location: Chicago Land Area
Posts: 6,344
Thanks: 0
Thanked 0 Times in 0 Posts
mrbowler brings a lot to the tablemrbowler brings a lot to the tablemrbowler brings a lot to the tablemrbowler brings a lot to the table
Re: Weird Economics

Looks like the people are ahead of the curve so far. It took almost 2 years after the real estate bubble, and all the jobs that were created to finally burst with the easy credit, and all the talk of the largest % of people owning a home. Without a rising stock market, tapping home equity, changing the bankruptcy laws-folks will have a much more difficult time spending IMO.
I guess when you reach the bottom of the cycle it will be time to talk about tax cuts again

http://www.marketwatch.com/news/brea...yoffs_page.htm
__________________
[Only registered and activated users can see links. Either login above or Register Now]

"The ultimate measure of a man is not where he stands in moments of comfort and convenience, but where he stands at times of challenge and controversy. The true neighbor will risk his position, his prestige and even his life for the welfare of others."

"A penny saved is a government oversight"

"Blind faith in bad leadership is not patriotism"

"Dissent is the highest form of patriotism"
Reply With Quote