Signs of Economic Top – Buying Trucks, Expensive Homes: It’s 2007 Again

Buying-big-houses-and-trucks-suv-like-2007
If there is one thing we know about the economy, it is that it goes in cycles. From 2007 to 2009 economy/stock market took a dive and now the stock market has recovered artificially by Fed stimulus (printed money), but the real economy is still having trouble despite the propaganda of the mainstream media, telling people that things are better.

Preceding the 2007 crash, Americans were buying cars, trucks and large homes like it was going out of style and it would seem that this process is repeating itself now in 2013. Could this be the precursor to another crash coming in 2014.

This article details some of the similarities of 2007 to now in 2013. Have a read.
Buying Trucks, Expensive Homes: It’s 2007 Again

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