Simple Economic Rule
by Maverick on May 22, 2008 11:26 AM Permalink | Hide replies

All you people who are bragging about rich and poor, here is a simple economics funda:

Spend more, the national economy rises and personal economy (savings) falls. Spend less, the personal economy rises and national economy falls.

During these so called 'tough economic times', everyone is holding their wealth back. we are not spending.

Why ? coz we are insecure.... we are sissies... we are scared of our children and their future.

such a pity

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RE:Simple Economic Rule
by SKI on May 22, 2008 12:36 PM Permalink
Dude, The Price of Oil has hit $130/Barrel & Analysts say that it could touch even high ($200 as given by Rediff).

Thus your funda for spending for National Economic gain is not justified.

And follow the saying "A Penny saved is a Penny earned"

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RE:RE:Simple Economic Rule
by Hawk Hawkeye on May 22, 2008 03:30 PM Permalink
Ok so his "sissies" comments were for people like u

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