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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: GuinnessGuy who wrote (38989)10/12/2005 9:00:28 AM
From: Knighty Tin  Read Replies (1) | Respond to of 116555
 
Craig, on the last sentence, my hope is that female hooker prices come down. <G>

Health care is one example. Another is housing. The CPI now says that housing prices went up 3% last year. I don't think the bubble would be bubbling if they only went up 3%.

Has anyone else bought a steak lately?

I don't have any kids, but day care now costs more than my entire salary for 1979. And I had a good job.

How about a coke machine? Now, I'm not going back to the dark ages when they were a nickle. (Actually, Pepsi was a nickle and Coke was a dime. But I was true to RC Cola and Double Cola, which were also a nickle.). But 3 or four years ago, you could buy a can for 50 cents and a bottle for 75 cents. And there were discount machines where you could buy for 35 cents, though they took your two quarters and told you they had no change. <G> I visited a client last week and the bottled cokes in the machine outside his office were $1.35. Yow!