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01-06-2009, 04:43 PM

Can it REALLY be the economys fault? Can people not save money?


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kouichisan (Offline)
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01-06-2009, 04:55 PM

Quote:
Originally Posted by BakaCrisis View Post
Can it REALLY be the economys fault? Can people not save money?
Imagine you have a mortgage, and you lose your job because of the downturn. If you are unable to keep up with your repayments... then your gonna lose your home too.
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01-06-2009, 10:27 PM

Didn't Iceland go bankrupt?


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01-07-2009, 12:26 AM

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Originally Posted by CarleyGee View Post
Didn't Iceland go bankrupt?
I wouldn't say that it went bankrupt. More like in a huge economic crisis.
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01-07-2009, 12:32 AM

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I wouldn't say that it went bankrupt. More like in a huge economic crisis.
That can't be good?


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01-07-2009, 12:33 AM

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That can't be good?
An economic crisis is never good.
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01-07-2009, 12:34 AM

Quote:
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An economic crisis is never good.
U.S barely avoided one, though we're still in a danger zone.


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01-07-2009, 12:38 AM

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U.S barely avoided one, though we're still in a danger zone.
Barely avoided one? We are right in the middle of it.
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01-07-2009, 12:45 AM

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Barely avoided one? We are right in the middle of it.
Though it could get worse.
I meant we haven't hit rock bottom yet.


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01-07-2009, 12:57 AM

This is just another drop in the bucket I'm afraid. I hate to be the pessimist but I think things are about to get really bad world world wide, more people are being born, less food is being produced, and people keep looking to their governments which aren't designed for or equipped to handle the problems.

But then again adversity always breeds ingenuity, someone will always find a way to profit.


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