SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (72379)2/6/2010 11:49:41 PM
From: Maurice Winn2 Recommendations  Read Replies (2) | Respond to of 74559
 
There does remain potential for ickiness on a grand scale. But it's not Game Over yet. I shall turbo-charge my spending to enhance economic activity and end the recession. Just today I bought some aggregate [white stones for a grave renovation] for $60 [cash] which has probably already been passed on to somebody else for goods and services. Maybe twice depending on what time they got to the pub.

I bought $30 of petrol yesterday. BP will be pleased with the boost to revenues. More electricity is being bought as I type.

People in China are buying CDMA devices by the million and sending me cash to be used and being stored is not a good use for it. I had better buy something more. Selling JPM shares that I didn't have provided cash too which must be disposed of in exchange for worldly possessions of lasting value.

Surely Americans will vote to tighten their belts, pay off their loans, live within their means and so will a lot of others. Judging by the number of shut shops and empty shops which are still open, not to mention loads of offices and commercial buildings which are for sale or lease, plenty of people are doing just that - cutting spending and saving for a rainy day, which seems to be today. Though it's beautiful and I must go, right now, to the beach.

Mqurice