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futurePrezOfUSofA
Participant125mph,
why do you really want to buy soon? Is there a strong and compelling reason?
Remember: Desire is one thing.. that usually leads to impulse buying and want is the other thing. The “want” part is usually more compulsive and more logical.
I came to san diego 2 weeks back and think this area needs some serious correction. everything is almost 25% more overvalued than what I might pay in an upscale chicago neighborhood. i mean everything from food, to necessary services, and to real estate.
futurePrezOfUSofA
PS: By the way.. did you do your MBA from Duke university? My roommate used that 125mph nickname before.. I lost touch with him though.. just curious..
Participant125mph,
why do you really want to buy soon? Is there a strong and compelling reason?
Remember: Desire is one thing.. that usually leads to impulse buying and want is the other thing. The “want” part is usually more compulsive and more logical.
I came to san diego 2 weeks back and think this area needs some serious correction. everything is almost 25% more overvalued than what I might pay in an upscale chicago neighborhood. i mean everything from food, to necessary services, and to real estate.
futurePrezOfUSofA
PS: By the way.. did you do your MBA from Duke university? My roommate used that 125mph nickname before.. I lost touch with him though.. just curious..
Participant125mph,
why do you really want to buy soon? Is there a strong and compelling reason?
Remember: Desire is one thing.. that usually leads to impulse buying and want is the other thing. The “want” part is usually more compulsive and more logical.
I came to san diego 2 weeks back and think this area needs some serious correction. everything is almost 25% more overvalued than what I might pay in an upscale chicago neighborhood. i mean everything from food, to necessary services, and to real estate.
futurePrezOfUSofA
PS: By the way.. did you do your MBA from Duke university? My roommate used that 125mph nickname before.. I lost touch with him though.. just curious..
Participant125mph,
why do you really want to buy soon? Is there a strong and compelling reason?
Remember: Desire is one thing.. that usually leads to impulse buying and want is the other thing. The “want” part is usually more compulsive and more logical.
I came to san diego 2 weeks back and think this area needs some serious correction. everything is almost 25% more overvalued than what I might pay in an upscale chicago neighborhood. i mean everything from food, to necessary services, and to real estate.
futurePrezOfUSofA
PS: By the way.. did you do your MBA from Duke university? My roommate used that 125mph nickname before.. I lost touch with him though.. just curious..
December 23, 2007 at 10:41 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123419ParticipantAgree on meltdown but not a total meltdown.. the consumer debt is about between 915 – 965 billion. bush/fed is likely to intervene in this if consumer credit starts to push economy into recession…
most of consumer debt has been sliced and diced and sold in the secondary market with promising returns..
consumer spending going up in this housong turmoil worries me.. to me it is just a time bomb that will explode soon.
one good thing is that consumer credit debt securitization has been well understood.. so manipulating the system should be relatively easy as results can be predicted.
December 23, 2007 at 10:41 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123668ParticipantAgree on meltdown but not a total meltdown.. the consumer debt is about between 915 – 965 billion. bush/fed is likely to intervene in this if consumer credit starts to push economy into recession…
most of consumer debt has been sliced and diced and sold in the secondary market with promising returns..
consumer spending going up in this housong turmoil worries me.. to me it is just a time bomb that will explode soon.
one good thing is that consumer credit debt securitization has been well understood.. so manipulating the system should be relatively easy as results can be predicted.
December 23, 2007 at 10:41 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123644ParticipantAgree on meltdown but not a total meltdown.. the consumer debt is about between 915 – 965 billion. bush/fed is likely to intervene in this if consumer credit starts to push economy into recession…
most of consumer debt has been sliced and diced and sold in the secondary market with promising returns..
consumer spending going up in this housong turmoil worries me.. to me it is just a time bomb that will explode soon.
one good thing is that consumer credit debt securitization has been well understood.. so manipulating the system should be relatively easy as results can be predicted.
December 23, 2007 at 10:41 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123592ParticipantAgree on meltdown but not a total meltdown.. the consumer debt is about between 915 – 965 billion. bush/fed is likely to intervene in this if consumer credit starts to push economy into recession…
most of consumer debt has been sliced and diced and sold in the secondary market with promising returns..
consumer spending going up in this housong turmoil worries me.. to me it is just a time bomb that will explode soon.
one good thing is that consumer credit debt securitization has been well understood.. so manipulating the system should be relatively easy as results can be predicted.
December 23, 2007 at 10:41 PM in reply to: CNNMoney: “Credit card defaults alarmingly high” and “Consumer spending surges” #123567ParticipantAgree on meltdown but not a total meltdown.. the consumer debt is about between 915 – 965 billion. bush/fed is likely to intervene in this if consumer credit starts to push economy into recession…
most of consumer debt has been sliced and diced and sold in the secondary market with promising returns..
consumer spending going up in this housong turmoil worries me.. to me it is just a time bomb that will explode soon.
one good thing is that consumer credit debt securitization has been well understood.. so manipulating the system should be relatively easy as results can be predicted.
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