Re: Anyone selling anything these days?

Posted by Jonfarmer on January 12, 2007 at 21:00:24 from (4.157.86.228):

In Reply to: Re: Anyone selling anything these days? posted by nightowl 2 on January 12, 2007 at 17:32:10:

I don't believe the country is broke, but I do believe if you don't rise to the top, you may see the day you will starve. There is quite a few out there with a spending problem. People don't seem to grasp the concept of saving for the future and how much money they lose in paying interest charges, especially buying things that they could get by without with money they don't have. The country does have a negative savings rate currently, but it is currently just -.5% or some such which is not too bad yet, but understand that some folks have bigger negative savings problems than others. The credit cards are too tempting for some folks, and when folks go shopping for a new automobile, its the salesmans job to talk them into a more expensive model that they really can't afford, or when folks go to buy a home, they tend to buy more house than they can afford. When stuff costs so much it is gotten far easier to spend more than you make and most folks have got the fever to keep up with the joneses and we live in a very throw away society with less and less of the population haveing skills to fix anything themselves and then theres the mentality that unless its new it is junk.

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