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07:58 AM
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Anyone believe this BS? "November consumer confidence hits more than four-year high"
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[quote:Risqman:MV8yMDYzOTg0XzM0NzI1NDc0XzMzOEYwRjMx] [b]I believe it, just not for the supposed reason of "trusting" the Obama administration! Just figure so many people have it in the back of their minds the doom & gloom about the end of the world on 12/21/12 and although they don't entirely buy it, they are going to buy the shit out of things and run up credit cards to near max just in case the SHTF and they won't have to worry about paying it all back. If nothing happens then come Jan 1, 2013 there will be tons of people NOT paying their bills and SHIT will REALLY hit the fan financially! So just wait and see the outcome and when I'm right send Obama a message to elect me head of "how to not pay for credit owed to CHINA" lol![/b] :moshpit: [/quote]
Original Message
I call Bull Shit.
"Consumer confidence rose in November to the highest level in more than four years, a sign U.S. household spending will keep growing.
The Conference Board’s confidence index climbed to 73.7, the highest since February 2008, from a revised 73.1 reading the prior month, figures from the New York-based private research group showed today. The median forecast of 75 economists surveyed by Bloomberg projected a reading of 73."
[
link to www.businessweek.com
]
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