Economics thread

[GURUving]

I have three vehicles. I have a home and two pets.

I have zero debt. zero. I don't owe a nickel to anyone.

If gas prices go up, then obviously everything else will go up.

Inflation. Big time inflation.

A while back the bankruptcy laws were made more stringent.

Will that affect anything?

Are we headed for inflation?

Those credit cards can be fun for awhile, but what if the repayment includes 28% interest or more?

edit: I sound like a lunatic, but I am concerned with the amount of debt that not only this government is floating, but consumer debt. Was Cheney right? RR proved it doesn't matter?

[Robbien]

1. Ha! Read this

Chamber of Commerce Explains how to Eliminate the Middle Class
http://www.tradealert.us/

And tell me it does not matter. The last paragraph is a real doozy

The American middle class is too expensive for Donohue, so it will be eliminated. But the remaining upper managers, corporate officers, and moneyed elites will still need their servants, gardeners, sewer workers and bodyguards – especially the latter as a future America comes to look more like a Third World oligarchy than the affluent republic it once was.

[tritsofme]

2. You cant have $500 billion of fiscal stimulus

sitting out there indefinitely without inflationary pressures building up.

Although lower employment could keep inlfation subdued for awhile.