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 I dont understand this dream car dream house thing, obsession by some people?

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Oklahoma
post Jun 3 2020, 10:14 PM

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The world needs buyers to run?

If nobody spend then economy collapse

U see the big picture now? Of course there are those who refrain from spending or spend very little, but everyone cannot just stop spending.

If everyone just save their money in bank, then a recession would occur with businesses folding and unemployment sky rocket.

Case in point: This MCO.1-month lockdown, people cannot spend. See what already happened...

This post has been edited by Oklahoma: Jun 3 2020, 10:15 PM
Oklahoma
post Jun 3 2020, 10:17 PM

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878 posts

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Also if nobody spend and solely just invest, then stocks will overvalue. Companies make no profit, then collapse, then you cannot invest.

If nobody spend, then property developer cannot develop houses, then no REITs and no property bubble, then you cannot invest.

you get the point



 

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