jezza65My main concern is the countries with upayable debt...

  1. 12,085 Posts.
    jezza65
    My main concern is the countries with upayable debt burdens.
    Oil is $112 not $128. I realise a rising price can trigger inflationary issues, but, as to people paying more at the pump, suck it in.
    Gold rising is a defence against perceived inflationary melt down.
    Food prices are not that high. Maybe people should stop loading their trolleys with processed crap and 50lts of soft drinks LOL
    I agree some people make a genuine effort to be frugal on a minimum income but the majority of people who cry 'poor' are not. Maybe they need to honestly look around their house and in particular the driveway to see how much of the need is a want.
    I do see your point that there are some real concerns in the world economies, however, GFC 2 etc is abit drastic in description.
    As to foreclosures, I see that as 'unfinished business' from 2008. People still aren't getting the meassage, buy buy buy biggger and bigger. I respect the tradies but Australia seems to think that we just keep building houses and selling houses to grow the economy LOL
    No offense.
 
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