Delete comment from: Captain Capitalism
Hey Frank,
Hope the married life is going well. Actually the insurance is absolutely cheap. You assume I'm buying brand new and insuring the vehicle. I'm just insuring liability. I bought a motorcycle that is probably older than you are. It costs me $80 US dollars per year to insure. Just buy yourself a scooter, they're fun as hell. Give my sincere best to your wife. After marrying you, she'll need it! ;P
Marty,
You're right, history is on your side. I'm just making an observation about why there hasn't been a recession yet. There SHOULD be one, I agree. But I've been befuddled as to why there hasn't been one. And this latest economic report about 4% growth really perturbed me. I was expecting nothing.
Because we are so wrong, it means we have to rethink our philosophies or theories about the economy.
Economics is like women my Latin friend. You cannot question, you have to accept.
Sep 5, 2007, 6:47:00 AM
Posted to How the Economy Can Grow While the Housing Market Crashes