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Re: Sarmad post# 71110

Thursday, 11/13/2008 3:22:29 PM

Thursday, November 13, 2008 3:22:29 PM

Post# of 152257
An economist I read says that he will believe there is a real credit crunch when his eleven year-old son quits getting credit card solicitations. In my own case I was hoping that the volume of them would drop away and that has not yet happened. Also I do residential real estate in my practice and at the lower end folks (read a lot of young folks) are getting mortgages. I could be wrong but my experience is saying maybe the economist has a point.
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