To: Lazamataz
The economy we have today is a mere shell of what it use to be. When we purchase almost any product we are not putting money in American pockets. For the past 10 years we used rising stock prices and rising home prices to fuel our economy. We also accumulated record amounts of debt during that time. What happens to a service and credit based economy when there's no more credit and no more asset appreciation?
21 posted on
03/18/2008 9:46:45 AM PDT by
peeps36
(OUTLAWED WORDS--INSURGENT,GLOBAL WARMING,UNDOCUMENTED WORKER,PALESTINIAN,TERMINATED PREGNANCY)
To: peeps36
What happens to a service and credit based economy when there's no more credit and no more asset appreciation?
We're all gonna die????
23 posted on
03/18/2008 9:49:37 AM PDT by
Lazamataz
(We're all gonna die!!!!)
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