by kevinjamesshay
I write a lot about the economy these days. And to tell the truth, I don't think things are all that bad for most of us. Or at least I don't think we have it near as bad as my parents did in the Great Depression, when unemployment reached 30 percent.
Unemployment has risen, but at 6.5 percent in the U.S., that's nothing compared to the 1930s. Hell, it's nothing compared to the 1980s. If you're not in finance or retail or real estate or manufacturing or construction, you should be doing OK, even with a smaller 401k or mutual fund. Long-term investors say the market will rise again - the S&P is coming off its best week in 34 years! It's on a roll! And look how low gasoline prices have sunk - you can go out and buy a Hummer to feel better.....Um, yes, I'm joking. I cram my 6-7 frame into a Honda CRV that gets almost 30 mpg because I care more about the environment and saving gas than I do about my own temporary comfort.
But this item did make me pause: Maybe it is getting pretty bad when wealthy folks have to cut back on gifts to their mistresses, and even ditch them altogether. Hmmm....that's hitting us - or them - where it really hurts.
More than 80% of multimillionaires who have extra-marital lovers plan to cut back on their holiday gifts to them, according to a new survey by Prince & Associates, a Connecticut research firm. About 12% of the men and women questioned planned to dump their lovers due to their weakening stock portfolios.
Must be rough - not that I would know.
Unemployment has risen, but at 6.5 percent in the U.S., that's nothing compared to the 1930s. Hell, it's nothing compared to the 1980s. If you're not in finance or retail or real estate or manufacturing or construction, you should be doing OK, even with a smaller 401k or mutual fund. Long-term investors say the market will rise again - the S&P is coming off its best week in 34 years! It's on a roll! And look how low gasoline prices have sunk - you can go out and buy a Hummer to feel better.....Um, yes, I'm joking. I cram my 6-7 frame into a Honda CRV that gets almost 30 mpg because I care more about the environment and saving gas than I do about my own temporary comfort.
But this item did make me pause: Maybe it is getting pretty bad when wealthy folks have to cut back on gifts to their mistresses, and even ditch them altogether. Hmmm....that's hitting us - or them - where it really hurts.
More than 80% of multimillionaires who have extra-marital lovers plan to cut back on their holiday gifts to them, according to a new survey by Prince & Associates, a Connecticut research firm. About 12% of the men and women questioned planned to dump their lovers due to their weakening stock portfolios.
Must be rough - not that I would know.
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