Why I think something needs to be done

It is impossible for someone to say they are not feeling this effect. In one way or another you feel it. Even down to the prices at the grocery store. I do not have a silver spoon in my mouth. My family doesn't have anything I can fall back on. If someone says they aren't feeling this, they have to be and have been spoiled. I can tell you, NOBODY I know isn't feeling this. This has nothing to do with success or the cycle of business. What business? The industry in a whole is in a rut. LOL, if business hasn't changed for someone, they were the scum hauling for nothing to start with. These people must have been hauling for a dollar a mile and catching the world on fire. Those people is what helped put us here. Todays rates aren't nothing. We are all feeling this brother, all of us!

 

First off, it's tough out there, for quite a number of people. So for those of you who would take offense..don't.
We are near the end of a mini Bear market (a down cycle in the stock market for those who didn't know) and a Bull market is just around the next quarter or so (an "up market").
Now for those of you who may have it tough and and find it hard to be positive: My wife's grandfather lived through the depression. His father was a milkman and as a young man, her grandfather went to work for his father.

Later during the Depression, he (her grandfather) borrowed money from his mother to build apartments in Rockledge PA figuring that no matter how hard times were, people still needed a decent place to live. He built the apartments mainly by himself since he was quite an accomplished carpenter and a mason as well. What he didn't know how to do, he bartered. He went on to build a motel in Hollywood beach FL, and several houses in Covina CA before he retired in 1965.
There is always a way to make it. People who lived in the depression had it much more harder than we ever did. If people would only use half of the energy they use to complain about life and use it to their benefit, they just might make a buck or two.

Don't give up, keep your eyes and ears open, and always be prepared for an open door.

 

Very well put

 

Thank you, my friend!

 

I'd like to build some apts.
Would you loan me the money to do it?

 

Don't laugh.... The rental market is red hot due to the people who should have never received a mortgage in the first place....

 

I don't know about all of that. Some people had a long way to fall. Foreclosures aren't just happening to poor people.

 

Your right there and with job's that have gone overseas and company's laying off there work force and heating issue's ...

There are a lot of aspects to this mess...Makes me laugh when people think everything is all well in good and like to blame the ones for falling when the real case is..It might not even be there fault...

 

Talking about getting over head in debt..credit card companys have interest rates so the card never gets paid off...

I am so glad I love cash..I hate credit cards and never liked them..

I see people paying for even coffee with a credit card it makes me wonder..