Hello World. America . . . we had better learn and accept that we will be kicking credit . . . cold turkey. Period.
Now look . . . we have all seen, read and heard about the upcoming downturn in our nations economy. For many . . . the downturn has been going on for a long while.
Business owners, depositors, and investors . . . are all making their necessary adjustments. And if we haven't . . . we most certainly . . . will.
With the "drunk" Wall Street . . . clearly sobering, we are all awakening to the horrendous hangover of a "cooked books" monetary system, and a very, very, very tight credit market.
No running to the mall for retail therapy . . . buying (on credit) those pointed toe pumps (made in China) . . . you didn't really need anyway. They would never be shipped because no credit to make the purchase order. Massive retail tombs . . . malls . . . empty.
No . . . buying (on credit) for the business owner . . . marking (made in China) goods up for us . . . the consumer to consume. No . . . credit shuffling for the investor . . . banking on the newest stock tip.
Fewer cars on car lots . . . fewer car lots. Even fewer cars sold. Fewer home loans . . . approved. Yes painful. Very painful. The reckoning.
Less of everything, may be more . . . in the long run.
A very necessary, unavoidable, and inevitable . . . shrinking of America's economy. Period. Bailout . . . or not.
So . . . We The People . . . have a credit addiction. We are going cold turkey . . . like it or not.
No easing . . . of the pain. No lessening . . . of the burden. No avoiding . . . the inconvenience.
We are all kicking the credit addiction . . . cold turkey.
Be Heard!!! Be Inspiration!!!
Dealing With The Difficult. Real. Raw. Right Now . . .
The India Declair Show Wednesdays 11am (CST)
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