green_cheeks

Market Nosedive Pushes Dollar Down

Mr. Economy, meet Jenny Craig.
We are going on a financial water fast. We are excreting all the unpleasant tumors that have been residing in the financial nether regions.

Things are falling apart. Some say that everything is going to be alright once the housing market starts back up again. Hasn't everyone had the chance to own a house already? If they haven't failed in their bid for ownership, then their knuckles are bloody and their hope is fading with every head shot as they hold on to their homes. Hard to get a loan when creditors become less lenient. Jobs are also handy and they are disappearing like pine needles popping in a forest fire.
Are we expecting all the DINKs to get divorced and buy separate homes?
Even if you get a home loan and can afford the mortgage for a while, you still have to eat, fuel your car and have some fun. And that costs more every day too.
It is all very interesting to me. And I have lost some money myself, so I am not standing on high ground here. I just don't understand how home purchasing is going to prop the economy.
Or people could just slow down. Eat less. Use less energy. Be simple.

By the way Grace, you sizzle.