Question:

Is the end of our consumer borrowing days over?

by  |  earlier

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Is our McMansion buying, BMW leasing, $5 Starbucks latte drinking, granite countertop upgrading, home equity borrowing days coming to an end.

How Did I Get Here

And you may find yourself behind the wheel of a large automobile

And you may find yourself in a beautiful house, with a beautiful wife

And you may ask yourself-Well...How did I get here?

And you may ask yourself

Where is that large automobile?

And you may tell yourself

This is not my beautiful house!

And you may tell yourself

This is not my beautiful wife!

The U.S. is the country in the developed world with the lowest savings rate. Canada and Japan are trying to keep pace. Germany and France have social programs which allow for more savings. We may come in last in savings, but no other country in the world can spend like us. Our motto is live for today, the government will bail me out in the future.

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2 ANSWERS


  1. Yeah, we'll spend till the end.  It kinda looks like a stop sign on the horizon.


  2. You  wanna be poet?  Or is the pot that good?

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