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Old 05-14-2008, 11:30 AM   #6
jetskier
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Quote:
Originally Posted by jniff101 View Post
I guess they were pretty behind on their bills, electricity ect. too bad they were nice people. What is happening to this economy!!???
Simple: We are in an inflationary recession.

Costs are going up...food, fuel, durable goods.
Little economic growth coupled with a lack of domestic investment and outsourcing.

The net net is that there is less disposable income and discretionary spending is reigned in.

If we don't get something happening here, we will become the best third world country out there.

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