Reply #38: Not too many people are buying stuff just to to be buying stuff anymore like they used to

[NNN0LHI]

I know I am not. People are saving again. And this is a good thing.

But things wear out. People have been patching up their old appliances and cars for a long while now. I know I have. I want a new car real bad. But I don't want to go in debt right now. Its probably going to take a major breakdown of a transmission or engine before I get a new car and go into debt again. But that will happen sooner than later. Its inevitable. Our kitchen appliances are really old too and I am sick of looking at them but they are still operating so I will keep them for a while. If they start nickel and diming me to death I will get some new stuff.

I am sure that the companies that build this stuff know about how long it is going to last and they use some kind of formula to predict upticks in sales. Probably not real accurate. But in the ballpark anyway.

Don