Your thoughts?Trust me, its in bad shape. Believe what you want but when personal assets drop 65% I think it sucks, but you can call me greedy if you like because I want my money back. Lets say 5 years ago I was worth 100,000 (its a good round #) and now I am worth 35,000, does that seem like a tiny (but actually irrelevant) difference? I think it will bounce back, it always does but I also believe you must be young enough not to be affected by this economy for you to believe your theory. Hopefully this thread won't turn into a political debate.
I think this is going to end really badlyThe economy or this thread
Karl: I agree, there is a lot of construction going on down here also. Together with many brand-new leather lined SUV's running around. And plasma TVs are supposed to be one of the best selling high-dollar consumer products right now. SOMEBODY ain't hurting!Tell me about it. Amazing how in the middle of a recession you still couldn't find a parking space at the mall or get into most restaurants without waiting for 30 minutes.
At least things appear to be looking up.
I agree, there is a lot of construction going on down here also. Together with many brand-new leather lined SUV's running around. And plasma TVs are supposed to be one of the best selling high-dollar consumer products right now. SOMEBODY ain't hurting!Which is really strange. You keep hearing in the media and from people who are "in the know" how bad things are yet people are still spending money. People are still buying the big ticket items, cars, houses, etc. Airline travel is down but it doesn't look like travel in general is down, people seem to just be driving more. My family alone is set to buy 3 houses this year. I bought one in February, my parents just bought one this weekend and my brother is going to buy one at the end of the summer. That alone is pretty amazing.