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To: HiTech RedNeck

Your major financial transactions in life are:
1. House
2. Salary
3. Stocks

All are lower now than in 2006 (DOW 14,000!).

Bread and milk prices are trivial. Major personal financials are tracking Japan down.

Fewer jobs. Slower speed of money.

Deflation.

Less credit availability.

Deflation.


14 posted on 08/05/2010 11:58:44 PM PDT by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack

If you bought a house, your life probably is dominated by the mortgage. But if you didn’t? Are rents going down? If it weren’t for the cooling effect of cheaper houses and scarcer jobs, bread would be frightening. You think bread is trivial? Try to live without it.


15 posted on 08/06/2010 12:03:05 AM PDT by HiTech RedNeck (I am in America but not of America (per bible: am in the world but not of it))
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To: Southack

Your major financial transactions in life are:
1. House
2. Salary
3. Stocks


Don’t forget medical and education expenses.


60 posted on 08/06/2010 8:52:22 AM PDT by Atlas Sneezed (Anything worth doing, is worth doing badly at first.)
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To: Southack
Your major financial transactions in life are: 1. House 2. Salary 3. Stocks

You forgot taxes.

81 posted on 08/06/2010 5:17:56 PM PDT by TruthFactor (The Death of Nations: Pornography, Homosexuality, Abortion)
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