Now that everyones home equity is vanishing, Inflation is skyrocketing, and a significant amount of your disposable income is going to gasoline. Will you still be buying a $5.00 cup of coffee from Starbucks?
If you're my Fiance', the answer of course is YES!
However, I think its safe to assume that rational, sensible, regular Americans will be cutting back spending. (I hope she doesn't read my blog) ;)
Housing Fear champion Peter Schiff chimes in on this subject on Cavuto;
Wednesday, November 21, 2007
Posted by Chris at 9:36 PM