Comments on: Maybe You Should Thank Your Debt Ridden Neighbor http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html Living for today - Planning for Tomorrow Sun, 25 Jul 2010 21:20:26 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Aimee http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html/comment-page-1#comment-111293 Aimee Thu, 08 Nov 2007 02:11:19 +0000 http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html#comment-111293 The thing that I find sad is that people who do save, and do things the right way, often end up with the most money to spend. It's all the people who are mortgaging their futures and debting to get things that are going to really ruin the economy in the long run. Thank goodness some of us out there have figured it out before it was too late, and blogged about it too. :) The thing that I find sad is that people who do save, and do things the right way, often end up with the most money to spend. It’s all the people who are mortgaging their futures and debting to get things that are going to really ruin the economy in the long run. Thank goodness some of us out there have figured it out before it was too late, and blogged about it too. :)

]]> By: www.bestfinancialadvisor.info » Maybe You Should Thank Your Debt Ridden Neighbor http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html/comment-page-1#comment-110548 www.bestfinancialadvisor.info » Maybe You Should Thank Your Debt Ridden Neighbor Tue, 30 Oct 2007 06:44:57 +0000 http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html#comment-110548 [...] Hazzard added an interesting post today on Maybe You Should Thank Your Debt Ridden Neighbor.Here’s a small reading:I’m sure, if you are like me, you’ve read more than a few articles about whether money buys happiness. I happened to read the latest version on Newsweek. I particularly liked… [[ This is a content summary only. … [...] [...] Hazzard added an interesting post today on Maybe You Should Thank Your Debt Ridden Neighbor.Here’s a small reading:I’m sure, if you are like me, you’ve read more than a few articles about whether money buys happiness. I happened to read the latest version on Newsweek. I particularly liked… [[ This is a content summary only. … [...]

]]> By: www.bestdebtarticles.info » Maybe You Should Thank Your Debt Ridden Neighbor http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html/comment-page-1#comment-110524 www.bestdebtarticles.info » Maybe You Should Thank Your Debt Ridden Neighbor Tue, 30 Oct 2007 04:35:25 +0000 http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html#comment-110524 [...] Hazzard added an interesting post on Maybe You Should Thank Your Debt Ridden Neighbor.Here’s a small excerpt:I’m sure, if you are like me, you’ve read more than a few articles about whether money buys happiness. I happened to read the latest version on Newsweek. I particularly liked… [[ This is a content summary only. … [...] [...] Hazzard added an interesting post on Maybe You Should Thank Your Debt Ridden Neighbor.Here’s a small excerpt:I’m sure, if you are like me, you’ve read more than a few articles about whether money buys happiness. I happened to read the latest version on Newsweek. I particularly liked… [[ This is a content summary only. … [...]

]]> By: Hazzard http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html/comment-page-1#comment-110476 Hazzard Mon, 29 Oct 2007 22:43:49 +0000 http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html#comment-110476 Hi Meg, Apparently we've both used some brain energy thinking about this. Imagine what would happen if everyone in the country started saving 10% of their income. We would go in to a massive depression. Hi Meg,
Apparently we’ve both used some brain energy thinking about this. Imagine what would happen if everyone in the country started saving 10% of their income. We would go in to a massive depression.

]]> By: Meg http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html/comment-page-1#comment-110471 Meg Mon, 29 Oct 2007 21:55:43 +0000 http://www.everybodylovesyourmoney.com/2007/10/29/maybe-you-should-thank-your-debt-ridden-neighbor.html#comment-110471 I often think of this, but I have never heard anyone else articulate it. In fact, when I muse about the fact that if people really did what was best for them, the economy would probably collapse, people often look at me like I'm crazy. Almost every time I go for a drive I marvel at the absolutely endless sprawl of shopping malls, restuarants, boutiques, strip malls, and countless other retailers. How do all these companies stay in business?!? Can we really all be spending THAT MUCH?? I am constantly amazed by it. If Americans suddenly all woke up together and started saving like they should, being content with what they have, and/or rejecting the mindless consumerism that pervades our culture, then countless retailers would be out of business almost immediately. Those retailers would have to fire all their employees, who in turn wouldn't be able to pay their mortgages and other bills, which would make banks start to fail and the stock market would crash...and in short there'd be widespread economic panic and collapse. It's our patriotic duty to spend, in order to keep America going. But it sure scares me. I often think of this, but I have never heard anyone else articulate it. In fact, when I muse about the fact that if people really did what was best for them, the economy would probably collapse, people often look at me like I’m crazy.

Almost every time I go for a drive I marvel at the absolutely endless sprawl of shopping malls, restuarants, boutiques, strip malls, and countless other retailers. How do all these companies stay in business?!? Can we really all be spending THAT MUCH?? I am constantly amazed by it.

If Americans suddenly all woke up together and started saving like they should, being content with what they have, and/or rejecting the mindless consumerism that pervades our culture, then countless retailers would be out of business almost immediately. Those retailers would have to fire all their employees, who in turn wouldn’t be able to pay their mortgages and other bills, which would make banks start to fail and the stock market would crash…and in short there’d be widespread economic panic and collapse.

It’s our patriotic duty to spend, in order to keep America going. But it sure scares me.

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