The New Economy and its Winners Message Board

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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (1977)	10/9/2000 4:07:06 PM
From: TheStockFairy	Read Replies (2) of 57684

Who, exactly is making all of this supposed money? I know that I'm doing a heck of a lot better than I was 3 years ago (which isn't saying much :) ), but most of the people I know have not made great personal strides in income either by investing or by means of wages. I know that dirtbag houses in the Chicago market are now going for the $250k+ range and 5 years ago I wouldn't have even considered looking at them for the shape they are in. Standard midrange housing is somewhere in the $350k range if you want to live an hour and a half from downtown. I know that more Walgreens are going up in my neighborhood than High tech start-ups. (How much do walgreen employees make?) I have watched as car loans have expanded into 72 and 84 months as commonplace. Who is making all of this money? Where do they live and how are they making it? What % of the population is receiving this money? Are most of the middle class now upper class?

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