Quote:
Originally Posted by vintagetoppsguy
Wow, Bob, you're one of the very few that actually gets it. It's funny how many people commenting have no clue how the economy really works.
Someone else in this thread eluded that cheap gas prices are great. They think it doesn't effect them
Ummm, can you say 'trickle down effect'?
One of the indicators of a recession is low oil prices (just like the last recession).
Edited to show graph between low oil prices and last recession.
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David,
Guilty as charged. I tried to caveat, but I obviously didn't do a very good job of it. I am seeking to understand as I was regurgitating what my financial advisor said - and he said it much more eloquently. Probably time for me to leave the finanacial advice to the experts...