Just a regular guy (from ware I am on earth) Imagine yourself floating like a satellite. Zoom out to space looking back at earth I look at what each country is doing, zoom in closer to take a look at what the United States (gov.) continues to do, now zoom in even closer as I watch what my community dose and try my best as am individual to make sense of it all.and hopefuly I am smart enough to position my self on the right side of the market:: Gold and Silver+Research with a dash of inspiration.
Sunday, November 11, 2012
Why The Economy is NOT Strong?
In a slower economy consumers genraly spend the same amount of money it really comes down to what are more and more people spending their money on?
Simple. They are paying of their debts instead of buying that extra new outfit or going out to your favorite Resturant or even one less cup of coffee a week @ starbucks.
Also with a not so strong dollar prices increase (inflation) while wadges stay the same hence spend less available money on what we need gasoline, food, electricity housing and getting out of personal debt and saving money in a bank.
In conclusion with less availabe dollars due to the exceeding loss of purchasing power of the dollar combined with equal wadges to spend on items we want they must be spent on things we need which means a weaker economy as a nation.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.