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Old January 7, 2013, 09:28 PM   #15
tgreening
Senior Member
 
Join Date: February 7, 2011
Location: NE Ohio
Posts: 246
If Alan Greenspan says....."If more people decrease down their spending it could lead to a slow down in the economy, a reduction of jobs, increased unemployment, and a potential recession", a significant number of people will get scared. And do what? Decrease their spending. Which leads to a slowdown in the economy, a reduction of jobs, increased unemployment, and the very recession they were worried about.


Quote:
Makes me wonder WHY all these people who didn't buy one before have pannicked and bought one at outragious prices.

IOW, these^^^^^^ kinds of people, people who do things based on fear of what "might" happen.
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