11-30-2008, 08:14 PM | #23 |
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Can't spend when my dad might lose his job next year.
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12-03-2008, 11:36 AM | #24 |
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maybe your dad should sell your (his) car and try teaching his son the value of money.
or you could try moving out, getting a job, not taking anything from daddy and see how long it takes to make enough to buy the 335i you're driving. |
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12-03-2008, 03:34 PM | #25 | |
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Maybe you should teach yourself not to assume things, because you make an ass of you but not me. |
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12-03-2008, 04:59 PM | #27 |
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Well that douche herbz has nothing to stand on. Even funnier is that he didn't comment on the topic and will probably not even come back
![]() And as for the topic, BMW is not the only one suffering. I don't think people want to commit a substantial amount of money into anything right now when people fear losing their jobs among other things. |
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12-03-2008, 06:22 PM | #29 |
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If we don't spend we are going to see alot more jobs lost. Yes it is true that we are buying alot of stuff "made" outside the US. But the stores that US citizens work in rely on selling these products... No products being sold no need for the stores to be open.
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12-03-2008, 06:23 PM | #30 |
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RambleJ? RJD2?
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12-03-2008, 07:29 PM | #32 | |
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A bit uncalled for....no? You're making huge assumptions without any knowledge about their financial situation. |
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12-03-2008, 08:33 PM | #33 |
I like cars
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12-03-2008, 09:18 PM | #34 |
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Are these the words your Banker says to you just after they repo your house,
"everything is going to be just fine!" Famous last words they are! ![]() ![]()
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12-05-2008, 03:06 AM | #35 | |
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lol nvm. he's just a music artist i like.
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12-05-2008, 09:08 PM | #38 | |
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In some states as much as 30% of entire state GDP. There are maybe half a dozen nations whose ENTIRE GDP manages to exceed just our manufacturing GDP. Imports are just highly visible, because we have many cheap items that are simply everywhere. We just need people to get used to things, so they can get over their discomfort, and start buying again. You need demand to pay people's salaries. Saving is nice and all, but if everyone saves then we all lose more money in the long run via lost income. People like to jump to extremes. "We have to all save!" "We have to all spend!". Seriously... just do both in moderation. Get a grip and start enjoying life, and in the mean time put some cash aside each month. This isn't rocket science. Balance your impatience versus your income. Elementary subtraction is the only skill you need to win at this game. -scheherazade |
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12-05-2008, 09:13 PM | #39 |
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12-05-2008, 09:58 PM | #40 | |
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But I just received my monthly statement yesterday and I have lost $12,917.71 for the month of November. That's money that no longer exists. It's gone. My real estate holdings (two houses) are worth a lot less than they were worth this time last year. That's money gone. It no longer exists. You want me to go out and buy stuff? When my value has diminished so much? When my assets are dwindling? These are real life assets disappearing, not just something written on paper. Would you go out and spend, spend, spend if your employer decided to give you only 1/3 of your paycheck next time? And what if they said, "oh, and by the way, we're not sure but maybe next time we'll take out an additional 1/3." Living on a paycheck and saving a little bit here and there is one thing, but if you have money tied up in various investment tools and you're watching it implode, that's something else all together. Why the hell do you think investors are pulling their money and stashing it away in cash? Why do you think bankers are doing the same and not lending? Do you think rich people have all their money sitting in little savings accounts? No, and the reason why they're rich is because they invest. But with everything imploding around them, they pull their investments and horde the cash. Simple. |
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