Quote from Port1385:
I went to one of my favorite dive restaurants with a new date...the Spaghetto Trattoria on Bleeker. No one is acting like the S&P took its second biggest dive in 137 years. It was business as usual with people seemingly spending their money away and drinking wine at dive restaurants like the Spaghetto.
If there is a recession in NYC, then I cant tell. You be the judge...
Quote from dstod:
This is exactly why we haven't bottomed yet.
Quote from R. Raskolnikov:
or come close for that matter. Not necessarily the market but in the drastic changes in lifestyle that will come as a result of the recent turmoil. Many people are still living in a delusional state that things will work themselves out and we'll go right back to the way things were pre-crisis.
Quote from lrm21:
Most people are doing ok
The change will come not because people lived improperly again most people are not up to their eyeballs in debt
The change will come If/when there is a dollar crash and unfortunately for most their is little you can do to as a middle class person to avoid that misery
Since by the very nature of the act is to wipe out middle class
It's like hiding under your desk to shield against a nuclear bomb