cfin2987@gmail.com on 26 February 2015
| generic-user-1 said: the US is fucked, there are mutliple debt crisis just to break out(shaleoil companys, students, homeowner,carloans) and most grow came from shaleoil, an industrie that cant survive if the oilprice stays below 80 for some time(they make profit at 40, and evben at 30, but just as long as they dont drill new holes) europe on the other hand is profiting a lot from the lower oilprices, but has a lot of other problems, they can grow, but just if an impulse comes from outside. |
I like that, you're hired.
No seriously though, you are 100% right. The other crisis is that people with kids in the US are living off of their own parents (i.e the grandparents). People with car loans of over 20k earning 40k a year. Houses with a monthly mortgage of 900 a month and property tax of 300 a month with pmi of 100 a month. Scary stuff.
