"History is a wonderful thing, if only it was true"
-Tolstoy

Wednesday, November 21, 2007

Bye Bye Bling-Bling

In short, the party is over.
Free money (Capital One, Countrywide, home equity loans, sub-prime's) from suburbia to the inner city is gone.

Free money feeds bling.

No free money, bye bye bling.
Back to basics, bye bye Gucci, Prada, whatever, hellow Wrangler.

Fine with me, I don't need to impress the neighbors, or myself.

The Consumer Crunch:

"The Consumer Crunch Recession or not, American families will be forced to tighten their belts "

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