28 Aug 2018 #841
What do you think will happen if prices all of a sudden increase tenfold or more?
People will have to start living within their means.
Kids don't need braces just because they have a crooked tooth, kids don't need $800 cell phones, the latest designer cloths, vacations to Disney World and Dad and Mom don't need to drive two Escalades, go to Professional Sport Games, take their kids out to dinner five nights a week, go to the Casino, live in a $600,000 houses......
Starting to get the drift that people live beyond their means and go in debt with no hope of ever getting out in their life time..... so they get two jobs, one to keep up on the interest rates of their debt and one to blow on things they can't afford going further in debt.
It would do my heart the ultimate if there was a law that said the ONLY three things you could borrow money for were a business, home and car.
Credit cards would be outlawed.
The fat people would be slimming down real fast.