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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (18374)5/24/2003 12:15:59 PM
From: Ahda  Read Replies (1) of 81972
 
Searle it is my belief if you are to see any type of severe down turn it will begin with the publics where the debt load is too large for them to pay. That sets off the circle of depression within the nation.

To me we are losing our middle class. If the emperor has no clothes China has kept the rest of dressed.

The most costly store that caters to extreme wealth is doing fine. Saks Nordstroms who catered to the upper mid and middle are in trouble. The middle class has moved to Target a much lower priced store here.

You can't get a five star hotel room in Vegas they are booked well in advance but you sure can get less costly ones.

Doesn't mean to much as Vegas is the world and I suppose that means that upper wealth in the world is increasing. It also means however that average surplus income in local US is definitely decreasing.
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