Deflation? Inflation? You be the judge!

It amazes me that the economy is still going on it's drunken rampage. Everything costs twice what it did a few years ago. Your money buys far less. I see more SUVs and the gas prices are going up and up. The piper is going to be paid very soon. And it is going to be a lot more painful!
 
Quote from darkhorse:



Baby boomers aren't going to just sit back and say "gee, guess we got a bad break on the long term cycle, better luck for the next generation." They are going to get seriously angry. When the belief in equality of opportunity is eroded and the average joe finds himself upside down on his mortgage and the public embraces bitterness in a way that it hasn't yet, you are going to see the fit hit the shan.
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But taking it a step further....

Boomers will get angry....and???? Will they/we act? How??

It's not enough to just get really, really mad...deep down I fear there is no leadership, that it is and will be a "every man for himself" scenario....I see nothing in the future to turn this around...hope I'm wrong on this....
 
No you are not wrong....this is only the beginning of the downward spiral.....I have seen it happen too many times in Real Estate. There is a terrific anger in the country. The yuppies will be lost because all they know is affluence. Hope they all learned how to fish?
 
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