Posted By:
SteveJim I didn't mean that people should stop buying.
People need to pay off debt and SAVE.
The banks in turn could then lend out the money that people like me save.
Isn't that what this problem is all about? Banks not wanting to lend?
WE got ourselves into this problem because people bought things that
they can't afford.
Yes I'd love to have a flat screen in every room in my house up on the hill
overlooking the Hudson river. I can't afford that so I live on a state road
and watch TV with binoculours.
Steve