Dear Consumers
I'd like to take this opportunity to remind you that economics is a self-fulfilling prophecy.
Somebody says we're in a recession and magically...the numbers aren't looking so good anymore. Someone says we're in a period of economic growth...and magically we feel inclined to buy a new BMW.
The media isn't helping the situation with their sensationalistic style of reporting which over-dramatizes ever move the markets, the Fed and the Treasury make.
Ugh.
2 comments:
But now is the best time to buy a car and/or house because the interest rates are so low. Furthermore, both Dems and Repubs urge us to buy our way out of a recession.
Pop
To paraphrase Henry Ford, "Economics is the bunk."
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