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how is the economy effecting you?
AtomSmasher:
--- Quote from: WhereEaglesDare on August 10, 2010, 04:54:39 pm ---
--- Quote from: shateredsoul on August 10, 2010, 03:40:12 pm ---
--- Quote from: ark_ader on August 08, 2010, 09:02:24 am ---It is effecting me in a positive way.
There is a lot more cheap labor out there.
Why pay anyone $15 an hour when you can get people for $6.50.
Let's hope it stays this way for a while. :applaud:
Happy days.
--- End quote ---
self centered
--- End quote ---
How is that self-centered?
--- End quote ---
He hopes the economy stays bad and the unemployment rate stays high so that he can save money on employment costs. I can't say I blame the guy, but it is self-centered.
hyiu:
it might not be the politically correct respond that pleases everyone...
but the topic is how is the economy effecting "YOU"...
so, he is saying how it is affecting him, and how he wants things...
I still have a job, but no raise this year....
I have no debt, so my life style is not that much affected.
But budget is tighter, as salary stays the same, but spending on all directions goes up...
also, my stock portfolio is whacked hard... cos I hold the bad stocks...
although that has no immediate effect...
but it does hurt mentally, and my retirement savings are impacted....
well, you can say "luckily".... I still have time...
or from another point of view... I still have to work many many years....
dont really see the light at the end of the tunnel yet....
lol...
WhereEaglesDare:
--- Quote from: hyiu on August 10, 2010, 06:45:19 pm ---it might not be the politically correct respond that pleases everyone...
but the topic is how is the economy effecting "YOU"...
so, he is saying how it is affecting him, and how he wants things...
I still have a job, but no raise this year....
I have no debt, so my life style is not that much affected.
But budget is tighter, as salary stays the same, but spending on all directions goes up...
also, my stock portfolio is whacked hard... cos I hold the bad stocks...
although that has no immediate effect...
but it does hurt mentally, and my retirement savings are impacted....
well, you can say "luckily".... I still have time...
or from another point of view... I still have to work many many years....
dont really see the light at the end of the tunnel yet....
lol...
--- End quote ---
Is that a Haiku?
ark_ader:
The key to all of this is to stay liquid. Most of you guys (Americans, which I am one too) have a real problem with staying within your means. You guys need the big truck, big house and the big credit card, and the toys until the bottom falls out and you are left with some real scary debt. I have no debt, excellent credit and own all my toys. With the spare cash invested in commodities, I can make money by paying those around me less than they are worth. Because I can do it. Tradesmen, builders and even coders are all not exempt and have to bid on any work that I need to contract out. I also pay 90 days. I can do it, as do many others.
I do hope it stays this way for a few years, as this will only teach those who live life as a dream. Stock brokers and bankers alike are going to hurt, nothing will escape this black hole that is approaching.
Depression? Heck no. Not yet, but I do hear some high pitched screams in the distance, and it will only get louder when your false bottom dissipates to complete uncertainty.
I believe history likes to repeat itself, as most dumb consumers never learn. The ones ahead of the learning curve will be the ones who will be better off.
So while you have some time, pay off your debts, sell off your assets and get liquid as quick as you can.
:soapbox:
Oh and while I'm on a roll, invest all your spare cash in gold & silver and buy a gun. ;D
mmb:
Except "our" government will never allow the US to fall to that point. We'll mortgage our great grandchildren into the poor house to keep everyone flush with cash and spending.
THAT's now the American Way! (TM)
--- Quote from: ark_ader on August 10, 2010, 08:19:53 pm ---The key to all of this is to stay liquid. Most of you guys (Americans, which I am one too) have a real problem with staying within your means. You guys need the big truck, big house and the big credit card, and the toys until the bottom falls out and you are left with some real scary debt. I have no debt, excellent credit and own all my toys. With the spare cash invested in commodities, I can make money by paying those around me less than they are worth. Because I can do it. Tradesmen, builders and even coders are all not exempt and have to bid on any work that I need to contract out. I also pay 90 days. I can do it, as do many others.
I do hope it stays this way for a few years, as this will only teach those who live life as a dream. Stock brokers and bankers alike are going to hurt, nothing will escape this black hole that is approaching.
Depression? Heck no. Not yet, but I do hear some high pitched screams in the distance, and it will only get louder when your false bottom dissipates to complete uncertainty.
I believe history likes to repeat itself, as most dumb consumers never learn. The ones ahead of the learning curve will be the ones who will be better off.
So while you have some time, pay off your debts, sell off your assets and get liquid as quick as you can.
:soapbox:
Oh and while I'm on a roll, invest all your spare cash in gold & silver and buy a gun. ;D
--- End quote ---
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