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Pastimes : Where the GIT's are going -- Ignore unavailable to you. Want to Upgrade?

To: Carolyn who wrote (168093)	10/15/2008 10:12:37 AM
From: Oral Roberts	Read Replies (4) \| Respond to of 225578

I just got off the phone with my brother in CO. He has me depressed but what he said makes a lot of sense. Our economy has thrived as a service economy not a manufacturing economy. Most of the consumerism came about on borrowed money via credit cards and second mortgages. A good share of the country has lived well beyond their means and the economy we have was built around that. Well that is over. The over spending has come to a crashing halt and we don't have a huge manufacturing base to work around, we have a huge service economy with gazillions of malls and restaurants and resorts. This has the chance to be really, really ugly. I wonder if it's to early in the day to drink?