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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: TH who wrote (282833)10/12/2010 7:27:59 PM
From: skinowskiRead Replies (2) of 306849
 
the right questions, like what happens when people can't absorb the inflation.

That's certainly the right question... the answer is - poverty. A decline in the standard of living. Actually, this is the way most people in most countries live their lives - their incomes are way behind some of the prices. Cars, for example, may be so high compared to incomes that people don't even get perturbed because they can't afford one, since they don't even think much about such things.

Would absolutely hate to see America move in that direction. But, being that our fearless leaders have already spent much of our wealth going forward, we sure are at risk.
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