I think the problem is people are trying to change the way our economy works. Since the beginning of the US, our economy has been based on people wasting their money. Now, all the sudden, gas companies feel that price gouging is going to make them more money. Well, people started freaking out and decided to start saving money. The problem is, while more people are saving money, less people are wasting money. I think that is one problem bringing about the "fall".
Another thing, we have became too dependant on China. Every freakin' thing in stores is 'Made in China' or 'Produced by China'. We are importing a heck of a lot more than we are exporting, making the "fall" occur faster.
But, at the same time, it's natural for the economy to rise and fall. It always has, and will, jump around. You could almost call economics the roller coaster ride from Hell.
But so far, due to me not having too much money in my possession right now, it hasn't hit me. In fact, I'm gaining more money than I ever have (but that doesn't say too much )!
Another thing, we have became too dependant on China. Every freakin' thing in stores is 'Made in China' or 'Produced by China'. We are importing a heck of a lot more than we are exporting, making the "fall" occur faster.
But, at the same time, it's natural for the economy to rise and fall. It always has, and will, jump around. You could almost call economics the roller coaster ride from Hell.
But so far, due to me not having too much money in my possession right now, it hasn't hit me. In fact, I'm gaining more money than I ever have (but that doesn't say too much )!
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