I’ve cut back to one Bambi hunting trip per month.
DB
[quote]Roual wrote:
Economic downturn? I don’t get it.
Seriously, I know people who own their own businesses, ranging from IT companies to clothes shop owners to plumbers, all say profits are on the up.
This whole economy bullshit being overhyped by the media is becoming a self fulfilling prophecy.[/quote]
I can tell you that it is NOT overhyped. Just wait a few months.
DB
I have a bad feeling(stemming from univ econ course) that the storm will hit in about 6 months. So i’m trying not to get comfortable with the money I have now.
I’m already being warned about having a tough time with finding a fall co-op by my school since not as many companies are posting jobs.
[quote]LIFTICVSMAXIMVS wrote:
Roual wrote:
This whole economy bullshit being overhyped by the media is becoming a self fulfilling prophecy.
Apparently you do not understand why too much debt is a bad thing. Do you think the number of people who are not able to pay their bills is being overhyped?
What happens when large amounts of people cannot afford to pay their bills?
If the economic crisis is being overhyped as you suggest then why are so many lending facilities starting to fail?[/quote]
True. The mortgage market IS only the beginning.
PS Personally, I’ve cut out sex w/out a condom. That’s going to save me a shit load of money.