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-   -   Finally a turnaround ?? (https://67-72chevytrucks.com/vboard/showthread.php?t=306869)

gn4u2c2 09-15-2008 04:17 PM

Finally a turnaround ??
 
Looks like the world economy is going to get straighted out. Everything has gotten haywire from people speculating, overinvesting, overcharging and so on. So 1/2 the country has properety that worth 1/2 what they paid. and Huge invenories of parts and cars that are way out of current market ranges. I talked with a collector today who has over 100 55-72 GM and Mopar cars and huge stockpiles of hemi parts , BBC parts COPO'c Nickys,Yenkos Motion stuff and more. he bought most of his cars before the craze drove prices to the roof in the last 7-8 years cars and houses. but the stuff he bought durring that time was way overpriced parts included. now reality sets in and he all need to come back to earth. ats were my point lyes. Hopefully things will all get back to a normal price and the dallor will gain strenght.
$2.50-gas, not $4+ $1.00 coke not $1.49, maybe people can actually afford to buy there first house and pay it off before they die. Or afford a classic car remember when you could get a 67-69 camaro for $5,000 that was a driver everyday of the week ?? good times.

68 short step 09-15-2008 05:10 PM

Re: Finally a turnaround ??
 
uhhhhhh, it aint lookin good in good ol oklahoma....matter of fact gas shot up 20cents.....and its 1.69 for a 20oz bottle of coke round here.......so its getting better tho, ehh???? well its about time

glock35ipsc 09-15-2008 05:50 PM

Re: Finally a turnaround ??
 
Just take care of your personal economy at home, and things will be fine.

old Rusty C10 09-15-2008 05:55 PM

Re: Finally a turnaround ??
 
Quote:

Originally Posted by glock35ipsc (Post 2891133)
Just take care of your personal economy at home, and things will be fine.

ya know you go to the television and all the blathering idiots on there talking about the economy and all and this guy here makes the most sense and gives the best advice of em all.... maybe if people would live this way, the country would still be in the shape it was before all the deficits and other BS

glock35ipsc 09-15-2008 05:59 PM

Re: Finally a turnaround ??
 
I'm glad you agree my C10 driving friend! No go about, and help spread the word!

special-K 09-16-2008 07:01 AM

Re: Finally a turnaround ??
 
The problem is,you can`t take care of your own economy when the one out the door sucks.You really get to know what the secure jobs are in times like these.Those with them can`t see what the whining`s about.There are alot of 1st timers out whining now.I wouldn`t care so much about where prices have jumped to if I was at least making as much as I was before they jumped.I know how to cut back spending and stretch the dollars.I have been through alot of tough spots in the economy.But,you can`t cut out gas,food,and utilities and you can`t stretch what you ain`t got.

I think the point of this thread is that prices should soften to a more realistic level as far as hobbies go.Maybe because everything else costs so much,now.Hopefully homes will come down to a more reasonable rate,too.

gn4u2c2 09-16-2008 01:04 PM

Re: Finally a turnaround ??
 
My point proved itself today first time in 2 years inflation dropped !! Just hold your money and soon enough it will all get back in line (1-2 years max)
fuel jump was a temporary price gouge triggered by the hurricane. The guy at my local station just laughed he said the yard where he gets his fuel has more supply on hand then they EVER had.

glock35ipsc 09-16-2008 02:28 PM

Re: Finally a turnaround ??
 
Looks to me like the DOW is back to where it should be.

http://i191.photobucket.com/albums/z...DOW9-16-08.jpg

fastwillie 696969 09-16-2008 08:23 PM

Re: Finally a turnaround ??
 
until the banks stop going bankrupt and the government stops printing more money
its not going to turnaround


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