Originally Posted by
tammietailgator
Most of the economy is brought on upon us, by us (the people) Yes, war plays a large roll in the spending and budget, but.... we have been so used to buying up everything that we can get our hands on. I am sure that if this country were to be in a large scale crises, people wouldn't know what to do!! We live in a society that has enjoyed the upward swing of the pendulum for so long now, the crises would be in what a great majority would be losing! Our society lives on credit and large government to decide things for them.
Look at the housing market for one..... wow everyone was so excited about the low interest rates... the prices of the housing market skyrocketed .... now watch the interest rates go up, the prices of housing will drop and people will be selling the farm to survive. They still have the credit cards to pay for.:D