Quote:
Originally Posted by Drew Smith
So if you are selling plasma TV, new cars, digital cameras, houses etc, this is also bad news. Am I missing something?
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Yes, iPods and magazines.
According to the reknowned economist Maynard Keynes and his brother Milton, no action should be taken to adjust the economy if it impinges on the lifestyle of the rich and famous or overpaid bankers (have I spelled that right?). So expect the looming rise in interest rates to affect only those hanging on by their fingertips to make ends meet and provide their families with adequate food and shelter.
I can't move in my house for 42" TV's that the wife keeps buying on line. I 've regretted buying her that laptop for Xmas already!
