Re:Can We Survive the Next Financial Crisis?
by icedchai on Tuesday September 11, 2018 @09:38AM
(#17959573)
Thanks, but I totally understand why it was being downvoted.
I have seen and heard all of that before.
I am fairly convinced, based on the spending attitudes of many people I know, that even if they had extra money, they still would not invest. They would just spend it on a new 4K TV, new car, or a bigger house that they don't need.
Most people seek immediate gratification.
I am fairly convinced, based on the spending attitudes of many people I know, that even if they had extra money, they still would not invest. They would just spend it on a new 4K TV, new car, or a bigger house that they don't need. Most people seek immediate gratification.