Jump to content
House Price Crash Forum
Sign in to follow this  
Realistbear

Americans Are Spending Everything They're Making

Recommended Posts

http://wireservice.wired.com/wired/story.a...storyId=1151914

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

Share this post


Link to post
Share on other sites

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

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.