Post A Reply
my profile
login
|
register
|
search
|
faq
|
forum home
»
Allstocks.com's Bulletin Board
»
Off-Topic Post, Non Stock Talk
»
Recession! How bad will it be?
» Post A Reply
Post A Reply
Login Name:
Password:
Message Icon:
Message:
HTML is enabled.
UBB Code™ is enabled.
[QUOTE]Originally posted by glassman: [QB] not only do they not buy that stuff every year? other than the cell phones (and maybe even them)? they are putting everything on credit cards and paying between 12 and 24% interest on much of it. when they evaluate the cost of a car? they add in all the extra stuff you get for your money now too.. like safety features, better stereos and navigation systems etc. so they say that inflation is not as high as it is when in fact you are still paying more. when i look at the avg price of a home? about 200 grand? and i KNOW that you are supposed to spend only 30% of your after tax income on your home payments? nobody in the middle class can actually afford to buy one unless they have saved about 50grand... but we have negative savings rate in the US... the economic issues we as society are facing are not just the price of oil. we have created a bubble in our whole economy by borrowing and not really paying attention to what things cost and how we will pay for them. [/QB][/QUOTE]
Instant Graemlins
Instant UBB Code™
What is UBB Code™?
Options
Disable Graemlins in this post.
*** Click here to review this topic. ***
Contact Us
|
Allstocks.com Message Board Home
© 1997 - 2021 Allstocks.com. All rights reserved.
Powered by
Infopop Corporation
UBB.classic™ 6.7.2