|
Back to Warning Buffet, what I don't like is that he (and others) are talking gloom and doom about the future of the economy without explaining why.
They don't give a clue.
Of course for the man of the street, inflation, less jobs, homes for sale etc is already giving a atmosphere of recession.
But will it last? Will the US fall into poverty?
I don't think so. Maybe it's just time for poeple to spend less, to stop "using their house as an ATM machine", to realize that renting a 3 rooms flat is more within their budget than buying a house.
__________________
|