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To: posthumousone who wrote (86065)5/29/2002 2:05:40 PM
From: long-gone  Read Replies (1) | Respond to of 116836
 
<<why would demand be down in us....>>

A very large portion of our armed forces these days are reserves. If our military reserves are still overseas come Christmas they won't be home to buy jewelry - BUT watch out for HIGHLY increased demand when "Johnny comes marching home"!



To: posthumousone who wrote (86065)8/6/2002 12:40:00 AM
From: long-gone  Read Replies (1) | Respond to of 116836
 
Fed going one way and banks soon headed another?
Business Week:
Consumer Credit: Is a Crunch Coming?
Sat Aug 3,12:01 AM ET
By Peter Coy and Heather Timmons in New York, with Brian Grow in Atlanta, David Welch in Detroit, and Mike McNamee in Washington

Daily Briefing: NEWS ANALYSIS
Thank Amy Bell for helping keep the U.S. economy afloat. Bell, a 27-year-old benefits manager in Atlanta, bought a studio condominium with no money down, leased a Volkswagen Passat, and spent $2,300 on a set of living room furniture -- all in the past six months. "I have been going a bit crazy with the spending," she says.


That's for sure. Bell and plenty of other people are piling up huge debts. The amount that Americans owe on loans for houses, cars, credit cards, and other purchases adds up to nearly 100% of their annual income after taxes. That's up from 75% in 1992, after the last recession ended.

EASY MONEY
(cont)
story.news.yahoo.com