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

To: mishedlo who wrote (83586)	8/21/2008 12:38:16 PM
From: Sweet Ol	Respond to of 116555

Mish, some anecdotal evidence regarding savings. My two grown children are getting frugal and saving a lot more money. They, like most families, have good incomes, and they can live reasonably well on far less than they have been spending in the last few years. There is a lot of fat in the average family budget. I think the gas price increases focused their attention on the problems and they started doing something about it. Of course, my children are far above average and this observation may not apply to other peoples children<VBG>. I really think the American public is smarter than we sometimes give them credit for. Once their attention is focused they usually do the right things. Best to all, JRH P.S. My grandkids are all beautiful, talented and smart<ggg>.

To: mishedlo who wrote (83586)	8/21/2008 12:42:09 PM
From: ggamer	Read Replies (1) \| Respond to of 116555

Mish, Do you own a RE? Are you invested in the market and how? What to do with $100K cash today? Cheers