come on, did you really think we would go on real austerity???
[/quote]
Do you think that austerity would be any benefit to the economy???[/quote]
That wasn’t my point of the post. I was responding to “will sequestoring impact the housing market”…
My answer is
(1) no, even if it did happen.
and now
(2) and no, since it’s unlikely that it can impact the housing market it it never happens…
Besides, I think you misunderstood me.
I’m totally flip-flopped on this spend spend spend gravy train now… i get it… As long as my assets are rising ahead along with this spending, I don’t care… If things blow up in the future, it’s not my concern anyway, since chances are by then, I’m already dead when it happens.
I manage my money much better than other people, and it’s always easier to make more money if everyone else is in the spending mood and I don’t spend versus if no one is in the spending mood. I need people to buy those fancy smartphones, tablets, pay for higher rent, etc.. I won’t be wasting my money, but I sure as well welcome other people to do it…And the more they do, the less money they will have available to buy more meaningful things like investment property…So, please, I hope more people spend away. I need more people to be permanent renters because they can’t afford to live in their own homes.
Meanwhile, I love buying the cheapest thing on the markets these days… Made overseas of course…
