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Debt, Spending, & Keynesian Foolishness
#53
jt Wrote:Well mr_yak, there are some of us who are compulsive savers and save even at low rates of return. But there are not enough of us to make a difference.

I thank God my Mom apparently wore off on me. She was a Depression Baby in the Greatest Generation era. She managed to keep putting money away her entire life ... like a religion. Don't ever think that we don't make a difference. We make a helluva difference to ourselves and our children. I still disagree with you. Our national savings rate has gone positive even at zero rates ... at a higher interest rate a few years ago, they were negative. The question isn't why save because of a zero ROI, the question is why save when credit is so slack and easy? Well, it ain't no more! Our consumption was mainly fed by debt ... and the government is trying very hard to re inflate that bubble ... but they can blow an blow until they get an aneurysm but it's not working because nobody's 'buying' it anymore.
"Democracy is the theory that the common people know what they want and deserve to get it good and hard."
-- Henry Mencken
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[No subject] - by Palladin - 03-07-2010, 09:34 AM
[No subject] - by Gunnen4u - 03-11-2010, 07:27 PM
[No subject] - by John L - 03-11-2010, 08:09 PM
[No subject] - by Gunnen4u - 03-11-2010, 08:15 PM
[No subject] - by jt - 03-12-2010, 04:20 PM
[No subject] - by Fredledingue - 03-13-2010, 03:18 PM
[No subject] - by John L - 06-03-2010, 04:27 PM
[No subject] - by jt - 06-03-2010, 06:07 PM
[No subject] - by John L - 06-03-2010, 06:58 PM
[No subject] - by jt - 06-03-2010, 07:06 PM
[No subject] - by Palladin - 06-03-2010, 07:18 PM
[No subject] - by Fredledingue - 06-06-2010, 05:15 PM
[No subject] - by TheMan - 06-07-2010, 03:40 AM
[No subject] - by WmLambert - 06-08-2010, 08:16 PM
[No subject] - by jt - 06-09-2010, 05:15 PM
[No subject] - by mr_yak - 06-27-2010, 02:34 PM
[No subject] - by John L - 06-27-2010, 03:15 PM
[No subject] - by WmLambert - 06-27-2010, 03:58 PM
[No subject] - by jt - 06-27-2010, 05:01 PM
[No subject] - by mr_yak - 06-27-2010, 06:05 PM
[No subject] - by John L - 06-27-2010, 06:10 PM
[No subject] - by mr_yak - 06-27-2010, 06:32 PM
[No subject] - by John L - 06-27-2010, 06:47 PM
[No subject] - by Gunnen4u - 06-27-2010, 06:52 PM
[No subject] - by John L - 06-28-2010, 12:04 PM
[No subject] - by John L - 06-28-2010, 12:08 PM
[No subject] - by John L - 06-28-2010, 03:31 PM
[No subject] - by Palladin - 06-28-2010, 03:46 PM
[No subject] - by John L - 06-28-2010, 04:14 PM
[No subject] - by WmLambert - 06-28-2010, 04:52 PM
[No subject] - by John L - 06-28-2010, 05:09 PM
[No subject] - by WmLambert - 06-28-2010, 06:01 PM
[No subject] - by John L - 06-28-2010, 07:03 PM
[No subject] - by Palladin - 06-28-2010, 08:01 PM
[No subject] - by WmLambert - 06-28-2010, 09:27 PM
[No subject] - by jt - 06-29-2010, 03:49 PM
[No subject] - by WmLambert - 06-29-2010, 04:24 PM
[No subject] - by jt - 06-29-2010, 04:51 PM
[No subject] - by John L - 06-29-2010, 05:01 PM
[No subject] - by mr_yak - 06-29-2010, 10:05 PM
[No subject] - by John L - 06-29-2010, 10:25 PM
[No subject] - by mr_yak - 06-29-2010, 11:21 PM
[No subject] - by John L - 06-30-2010, 06:46 PM
[No subject] - by John L - 06-30-2010, 07:54 PM
[No subject] - by mr_yak - 07-01-2010, 12:52 AM
[No subject] - by John L - 07-01-2010, 03:48 PM
[No subject] - by mr_yak - 07-01-2010, 09:35 PM
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[No subject] - by mr_yak - 07-02-2010, 07:02 PM
[No subject] - by jt - 07-02-2010, 07:09 PM
[No subject] - by mr_yak - 07-02-2010, 07:17 PM
[No subject] - by jt - 07-05-2010, 04:13 PM
[No subject] - by Fredledingue - 07-07-2010, 09:03 AM
[No subject] - by jt - 07-07-2010, 04:47 PM
[No subject] - by John L - 07-07-2010, 05:47 PM
[No subject] - by mr_yak - 07-07-2010, 09:14 PM
[No subject] - by jt - 07-08-2010, 07:05 PM
[No subject] - by Huh...What? - 07-08-2010, 07:52 PM
[No subject] - by John L - 07-08-2010, 07:56 PM
[No subject] - by mr_yak - 07-08-2010, 08:13 PM
[No subject] - by John L - 07-08-2010, 08:23 PM
[No subject] - by mr_yak - 07-08-2010, 08:36 PM
[No subject] - by Huh...What? - 07-09-2010, 11:34 AM
[No subject] - by John L - 07-09-2010, 02:11 PM
[No subject] - by jt - 07-09-2010, 04:16 PM
[No subject] - by mr_yak - 07-09-2010, 08:33 PM
[No subject] - by jt - 07-10-2010, 04:25 PM
[No subject] - by John L - 08-05-2010, 12:36 AM
[No subject] - by mv - 08-05-2010, 01:05 AM
[No subject] - by John L - 08-05-2010, 10:49 AM
[No subject] - by WmLambert - 08-05-2010, 01:29 PM
[No subject] - by mv - 08-05-2010, 02:30 PM
[No subject] - by John L - 09-27-2010, 01:38 PM
[No subject] - by John L - 10-13-2010, 03:51 PM
[No subject] - by John L - 10-25-2010, 06:09 PM
[No subject] - by John L - 10-25-2010, 06:09 PM
[No subject] - by mr_yak - 10-26-2010, 12:38 AM
[No subject] - by mr_yak - 10-26-2010, 12:38 AM
[No subject] - by John L - 10-26-2010, 01:36 AM
[No subject] - by John L - 10-26-2010, 01:36 AM
[No subject] - by Brooklyn - 10-26-2010, 01:04 PM
[No subject] - by Brooklyn - 10-26-2010, 01:04 PM
[No subject] - by John L - 10-26-2010, 01:18 PM
[No subject] - by John L - 10-26-2010, 01:18 PM
[No subject] - by mr_yak - 10-26-2010, 11:11 PM
[No subject] - by quadrat - 10-29-2010, 09:26 PM
[No subject] - by John L - 11-24-2010, 04:00 PM
[No subject] - by John L - 12-08-2010, 08:35 PM
[No subject] - by jt - 12-09-2010, 07:04 PM
[No subject] - by John L - 12-09-2010, 08:22 PM
[No subject] - by John L - 01-31-2011, 10:44 AM
[No subject] - by WmLambert - 01-31-2011, 12:39 PM
[No subject] - by John L - 04-15-2011, 04:38 PM
[No subject] - by John L - 04-15-2011, 04:38 PM
[No subject] - by John L - 04-20-2011, 10:15 AM
[No subject] - by John L - 04-20-2011, 10:56 AM
[No subject] - by quadrat - 04-20-2011, 12:47 PM
[No subject] - by jt - 04-22-2011, 05:54 PM
[No subject] - by John L - 04-22-2011, 06:03 PM
[No subject] - by mr_yak - 04-22-2011, 10:07 PM
[No subject] - by Buzz - 04-23-2011, 04:45 PM
[No subject] - by quadrat - 04-23-2011, 09:34 PM
[No subject] - by jt - 04-25-2011, 05:20 PM
[No subject] - by quadrat - 04-25-2011, 09:16 PM
[No subject] - by John L - 04-25-2011, 09:49 PM

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