To: expat_panama
I agree that everyone’s boat will sink under these conditions. The point I was trying to make was that our economy is going to grow even more slowly as more and more people (of all classes) will have less dollars to spend. I won't get into the debate which economic class’ spending ability is more elastic then the others. ; )
I am in the process of reading an article about this. It's old but I missed it a few years back.
http://www.theatlantic.com/magazine/archive/2011/09/can-the-middle-class-be-saved/308600/
Hey, did you trade in and out of Apple yesterday?
36 posted on
09/10/2014 10:34:29 AM PDT by
Chgogal
(Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
To: Chgogal; expat_panama
38 posted on
09/10/2014 11:41:43 AM PDT by
Chgogal
(Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
To: Chgogal
did you trade in and out of Apple yesterday? lol! Wyatt & I were just talking about it. He asked me if I bot in at today's opening price and I told I did --but I'd made that purchase last month! Some people are good at reading minute by minute signs but I'm not one of them. I'm happy w/ week to week signals and a 2.9% gain in 3 weeks means a 67% annualized return.
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