Home › Forums › Financial Markets/Economics › What is wealth?
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NotCranky.
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October 27, 2009 at 5:47 PM #475242October 27, 2009 at 8:22 PM #474444
oxfordrick
ParticipantBack in seven we used to say “Follow a Hummer to a pre foreclosure home.”
Two years on close to 100% correlation!
October 27, 2009 at 8:22 PM #474621ParticipantBack in seven we used to say “Follow a Hummer to a pre foreclosure home.”
Two years on close to 100% correlation!
October 27, 2009 at 8:22 PM #474985ParticipantBack in seven we used to say “Follow a Hummer to a pre foreclosure home.”
Two years on close to 100% correlation!
October 27, 2009 at 8:22 PM #475062ParticipantBack in seven we used to say “Follow a Hummer to a pre foreclosure home.”
Two years on close to 100% correlation!
October 27, 2009 at 8:22 PM #475288ParticipantBack in seven we used to say “Follow a Hummer to a pre foreclosure home.”
Two years on close to 100% correlation!
October 27, 2009 at 8:50 PM #474449KSMountain
Participant[quote=Ricechex]So, the one guy got laid off 18 months ago, decided he still needed top of the line stuff, and circumnavigated the globe for months. Fancy hotels, only the best for him–all beds must be triple sheeted! Did it all on the CC. Interest rates skyrocketed, and he kept on spending. Now, he has 4 weeks left of unemployment, and has filed bankruptcy. Oh, and he has no regrets. Said it was worth every penny.[/quote]
Is that really a true story? Wow. Sounds like fun I guess – it wouldn’t even occur to me to do that. Well, maybe congress will extend unemployment benefits again and he can go on for a few more months…October 27, 2009 at 8:50 PM #474626Participant[quote=Ricechex]So, the one guy got laid off 18 months ago, decided he still needed top of the line stuff, and circumnavigated the globe for months. Fancy hotels, only the best for him–all beds must be triple sheeted! Did it all on the CC. Interest rates skyrocketed, and he kept on spending. Now, he has 4 weeks left of unemployment, and has filed bankruptcy. Oh, and he has no regrets. Said it was worth every penny.[/quote]
Is that really a true story? Wow. Sounds like fun I guess – it wouldn’t even occur to me to do that. Well, maybe congress will extend unemployment benefits again and he can go on for a few more months…October 27, 2009 at 8:50 PM #474990Participant[quote=Ricechex]So, the one guy got laid off 18 months ago, decided he still needed top of the line stuff, and circumnavigated the globe for months. Fancy hotels, only the best for him–all beds must be triple sheeted! Did it all on the CC. Interest rates skyrocketed, and he kept on spending. Now, he has 4 weeks left of unemployment, and has filed bankruptcy. Oh, and he has no regrets. Said it was worth every penny.[/quote]
Is that really a true story? Wow. Sounds like fun I guess – it wouldn’t even occur to me to do that. Well, maybe congress will extend unemployment benefits again and he can go on for a few more months…October 27, 2009 at 8:50 PM #475067Participant[quote=Ricechex]So, the one guy got laid off 18 months ago, decided he still needed top of the line stuff, and circumnavigated the globe for months. Fancy hotels, only the best for him–all beds must be triple sheeted! Did it all on the CC. Interest rates skyrocketed, and he kept on spending. Now, he has 4 weeks left of unemployment, and has filed bankruptcy. Oh, and he has no regrets. Said it was worth every penny.[/quote]
Is that really a true story? Wow. Sounds like fun I guess – it wouldn’t even occur to me to do that. Well, maybe congress will extend unemployment benefits again and he can go on for a few more months…October 27, 2009 at 8:50 PM #475293Participant[quote=Ricechex]So, the one guy got laid off 18 months ago, decided he still needed top of the line stuff, and circumnavigated the globe for months. Fancy hotels, only the best for him–all beds must be triple sheeted! Did it all on the CC. Interest rates skyrocketed, and he kept on spending. Now, he has 4 weeks left of unemployment, and has filed bankruptcy. Oh, and he has no regrets. Said it was worth every penny.[/quote]
Is that really a true story? Wow. Sounds like fun I guess – it wouldn’t even occur to me to do that. Well, maybe congress will extend unemployment benefits again and he can go on for a few more months…October 27, 2009 at 9:35 PM #474474NotCranky
ParticipantI agree with your observation regarding the philsophical notions, or the question of lifestyle, vs. a dictionary definition of wealth, Brian1.
I guess I skirted the literal definition because it didn’t seem very interesting. What people do for and with wealth and the effects of it is pretty interesting.
October 27, 2009 at 9:35 PM #474651ParticipantI agree with your observation regarding the philsophical notions, or the question of lifestyle, vs. a dictionary definition of wealth, Brian1.
I guess I skirted the literal definition because it didn’t seem very interesting. What people do for and with wealth and the effects of it is pretty interesting.
October 27, 2009 at 9:35 PM #475016ParticipantI agree with your observation regarding the philsophical notions, or the question of lifestyle, vs. a dictionary definition of wealth, Brian1.
I guess I skirted the literal definition because it didn’t seem very interesting. What people do for and with wealth and the effects of it is pretty interesting.
October 27, 2009 at 9:35 PM #475092ParticipantI agree with your observation regarding the philsophical notions, or the question of lifestyle, vs. a dictionary definition of wealth, Brian1.
I guess I skirted the literal definition because it didn’t seem very interesting. What people do for and with wealth and the effects of it is pretty interesting.
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