YouSayToo is an ad revenue sharing community that rewards you for socializing and sharing online.
How? Write your journal, upload games and buzz yourself out to make money online.
The more people read your content, the more money you make.
Participate in our Affiliate Program - invite your friends to make money!
The ugly word recession has reared its head recently and now the world markets, especially the Asian markets are getting ready for a "Correction." Hey, you don't have to ask an economist about recession here in the United States , just ask a regular Middle-Class family who now is struggling to fill their gas tank, heat their home and feed themselves. All of these things and many more aspects of American Life have gotten much more expensive thanks to a weak dollar that nobody cares to correct.I'm so sick of hearing about the housing market slump - what about those of us that can't afford to even put money into savings? Many of us here in America are living Check to Check, with the credit card having to be used just to survive - and I'm not talking about those nitwits who use plastic for everything and then complain they are in debt. Don't whine to me because you didn't know your Adjustable Rate Mortgage could go higher - or all of a sudden you have to foreclose. Hey many of us would KILL to be in a position to buy a house - let alone a house we can't afford. What is killing me is that all the Real Estate people I know did not see this coming - I've been talking about the "bubble bursting" for a while and all of them said "no, there is too much demand right now" - dumbasses all of them and I hope this housing slump thins out the Real Estate Agent surplus - it's like how everyone turns into a prospecter when there is a gold rush.If our dollar remains weak and our economy falters then how can anyone like me live this mythical American Dream that our grandparents talk about? What's more, you got these uppity rich types who think that if you are smart enough you will make money and that only dumb people are poor. What I find is that many of them think they are self-made but fail to consider the help that "mommy and daddy" gave them or the trust-fund that grand-dad left for them. The country is now full of these useless people.Read the rest and watch the video over at AngryJed:
One week ago I got a comment on a post stating that China is simply a "worker bee country." They were basically playing down my assumption that China will be the next superpower and how already the world is starting to cater to this awakening giant. Well today's story of China spying on the US should not be a surprise to anyone who really knows what is going on in China. Anyone who has ever thrown rocks at a beehive knows that a supposed "worker bee" can sting too.Past warnings about Chinese espionage have apparently been ignored, even though it is a well known threat. This
Raw video of a recent Oregon landslide. I'm sure you all know how I feel about these things: It's your own fault. Clear-cutting forests, did you think that wouldn't have any impact? Read the rest and see the video over at the home of AngryJed:http://angryjed.blogspot.com/2007/12/oregon-landslide-thats-what-you-get-for.html
perhaps it's time to put the american dream on hold and start saving where you can. It can be hard to change your lifestyle but there's not much choice is there?
Good point, but what happens to savings during inflation? With a bad economy comes low interest rates, and with a sinking dollar, you can watch your savings evaporate in the bank.
0
Reply:
Steven
Jan 15 02:18 am
Yeah, you are right the savings will go down now. You can convert your saving into euros or pounds. Although I'm not sure what would happen to the economy if everyone in the US converted their savings into other currencies. (I suck at economy)
3 comments
no comments
perhaps it's time to put the american dream on hold and start saving where you can. It can be hard to change your lifestyle but there's not much choice is there?