Hypothetical

Sep 30, 2008 07:15

Is it bad that I want to see the American economy fail just to see what would happen?

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Comments 7

ihatebibimbap September 29 2008, 22:35:42 UTC
You're not the only one.

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genhawk September 29 2008, 22:37:11 UTC
I guess if the economy totally fails I'll have to pillage some solar panels and start growing my own food. I can go back to fixing cars for a (barter) living.

And I won't have to pay my mortgage or credit cards anymore.

Could be worse, IMO...

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dedalusj September 30 2008, 09:55:26 UTC
Everybody needs English to communicate and that really has nothing to do with the States. I do not work in the private sector so I doubt I be much affected. Except the exchange rates are a mess. The Korean won-Dollar exchange rate is higher than I have ever seen it in four years and it is fluctuating wildly. (It has gone up 20% in two months; changes of 5% in a day have become common.) So I cannot send money home but since I don't need to it is not really a problem.

SO glad I sold my house in Dec 2006. I might be the last person to have made money in real estate (we made 50%!)

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genhawk September 30 2008, 15:28:10 UTC
I bought a house in 2003 for $170k (added a $30k second mortgage), and sold in 2006 for $250k - split it with my ex.

Yay for me!

The one I have now I have no intention of ever selling. Not with tenants (mostly) paying it off for me.

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suna_sprite September 30 2008, 02:50:09 UTC
Yes it is.

You could at least wait until I've officially left the country.

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dedalusj September 30 2008, 09:47:56 UTC
If it were up to me...well if it was up to me A LOT would be different. It is not that I want people to suffer, it is just that, well, we have gone this far and I'm a little curious about how bad it will actually get. Granted the fact that I am not actually living there means the effect is muted.

This whole thing may blow over within four years and if not: Study fast.

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pisica_habibi September 30 2008, 09:28:58 UTC
I'm kinda curious myself....

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