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Americans Are Spending Everything They're Making

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Soaring home prices apparently have convinced people they don't have to worry about saving, a belief that could be seriously tested as 78 million baby boomers begin to retire.

Looks like Al has created a "miracle economy" just like Gordon doesn't it? Its the economic form of perpetual motion--ever rising house prices to fuel continuous spending.

Since the Great depression, hmmmmmmmm :o

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Yeh! You know the Great War was the name given to the war against Napoleon, until 1914-1918, that is.

The Great Depression of 2006 - 2010 anyone :o

Edited by FTBagain

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  • 335 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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