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In United States
Registered Jun 06, 2011
everything's most recent comments:
- On 10 Dec 2013
5 Charts That Show A Growing Crisis For Renters In America Read more: http://ww,
Many seniors do own homes, heck, they had decent salaries at one time, coming up through a pretty good industrial era in this country, most always having local work, not always having to move and such. Then, at least being able to afford taxes and upkeep when it's paid off, often though, they can't afford the upkeep, and can really only just pay the taxes.
- On 6 Dec 2013
Consumer borrowing rose $18.2 billion in October,
Yes, debt is the only solution we have right now, and it works well, just right the debts off/down and have the govt. bail yah out if need be.
IF the banksters can make enough in interest on the front end of all this debt that's really all that matters. So the trick is to just keep the party going.
- On 6 Dec 2013
Canaries in the Coal Mine?,
More like a sign of how good times are getting, seems it's been gangbusters up until now, and it's not hard to overshoot. Time to slow it down a bit, work on your quality controls, image, and retool for the new year. Ship builder in my state is just hiring 150 people, at 14-16/hr. it's about enough to make a rent payment, buy a car, and eat. Looks like auto deliveries will be up again next year. It's just that time of the year when people know or think the deals are going to be had on auto's, good time to keep plenty on hand.
Good to see people are making enough money to keep buying. Looks like the peak will be next year as incentives start ramping up further.