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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: BWAC who wrote (52708)	1/10/2005 7:00:55 PM
From: E.J. Neitz Jr	Respond to of 53068

"But Mommy I want it...all my friends have it" Years ago Mommy would have said no....today Mommies say...ok. It seems that each generation has to have more "things". And each generation wants their children to have more than they had.....so with limited job and income growth and the generational need to have more "things", than the last generation, the easiest way to get "the things" is via easy credit. Just observe the frenzy at Christmas with gift buying. This year people were going beserk at our local mall, just days before Christmas as they scrambled to get more things.