Tuesday, November 11
How we know the economy is really bad...
"He has cut his DVD buying from 50 a month to perhaps one, and is waiting until the Christmas sales to buy a high-definition television. He does not indulge much anymore in his hobbies of scuba diving and flying." ~ NY Times article about Mountain House, California where the average homeowner is "underwater" by $122,000.
It's all kind of relative.
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1 comment:
I would think that many people on Guam were "underwater" until the upturn in the economy within the last couple years - I know we were.
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