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

To: lexi2004 who wrote (97816)	5/22/2009 2:18:48 PM
From: benwood	1 Recommendation Read Replies (1) \| Respond to of 116555

So true. I've a friend who 4 weeks ago was living a normal life. A few days later she was having brain surgery for a cancerous brain tumor. She may live four more months, or, if she's really lucky, until her daughter graduates from high school in three years. When I had a new furnace installed in 2002 when the economy was shuddering, the hulking guy that was doing the heavy lifting said he didn't envy rich people at all. "They spend all their time trying to keep what they got," he explained. Cutbacks wouldn't be nearly so painful if it weren't for the past decade of "boom" in which people actually drained their savings at the same time. I also live in a modest house, run my cars into the ground (one is 18 1/2 years old), don't "full up" the house with junk. My kids seem to be getting the right idea about living in a financially sane manner, not becoming a debt slave.