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Non-Tech : Deflation -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (344)3/4/2007 11:20:37 AM
From: Ilaine  Respond to of 621
 
Sell the SUV. Buy an old bicycle and repair it. Buy rice, cabbage, carrots, peas, beans, pumpkin, onions, garlic, eggs, bananas, grape seed oil. People throw away clothes by the truck-full = find out where they are throwing them. No booze. No smokes. No talking about food, including which restaurant to go to. Go to bed at 10pm. Get up at 6am. Turn off all the lights, heating, contraptions and drama. Stop taking Prozac and going to "therapy".

Good ideas. I used to live like that in my youth. You probably did, too.

I don't know what makes people spend far beyond their means.

No doubt it has something to do with their social set, and their perceived need to keep up with conspicuous consumption or even exceed.

Anthropologists have studied these things but really haven't come up with any better answer other than it feels good to be a "big man" (or woman), enhances your pick of mates which increases the viability of your offspring.

And then, some people get a thrill from engaging in risky behavior, like gambling that the FMV of your house will keep going up and save you.

Speaking of gambling, the Chinese stock market reminds me of 1929 US stock market, frothy, full of excess liquidity, people who've gambled money they can't afford to lose, and ready to yank out everything on a rumor.