Credit is, I'm my opinion, the problem of many of our modern day problems. It is why the country is so far in debt and why we, like Wheelan mentioned, are so materialistic. Now, don't get me wrong, it's a wonderful concept, it's enabled phenomenal things to happen to human and urban development and it is how I'm paying for my college education but, I believe that it has taken over our mindset as a country. We are using too much of the money that we think we have when we really don't have enough to pay it back.
--Pirates were a surprise!
I agree with Clare that stocks have always confused me but the realestate analogy was extremely helpful. The fact that whoever is selling, wants to get rid of whatever it is they are selling. The idea of maximizing your utility is fascinating to me, learning to what extent people will go to get the best value.
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