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The Frugal Future


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2017 Sep 5, 12:24pm   2,035 views  2 comments

by Dan8267   ➕follow (4)   💰tip   ignore  

...is now the past.

Here's a prediction from Merill Lynch back in Sept. 2008. It doesn't look like it was very accurate. Take a gander and give your response.
https://www.biu.ac.il/soc/ec/students/teach/856/data2009/ML_frugal_future.pdf
#economics

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1   MAGA   2017 Sep 5, 3:23pm  

Record credit card debt, record student loan debt, subprime auto loans taking off, cheap credit causing over inflated housing values, and lying Realtor's telling their "Buyers" that it is a good time to buy and house.

Thanks but no thanks.
2   epitaph   2017 Sep 5, 4:50pm  

I think they have the right idea, just the timeline is way off. Wait another 15 years and we will be there.

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