Stop/postpone buying

[Manishican]

Please Stop/postpone buying other than groceries/essentials else inflation will keep going up which inturn will cause increase in interest rates and job losses. Many people will suffer 

[cottondora]

2 minutes ago, Manishican said:

Please Stop/postpone buying other than groceries/essentials else inflation will keep going up which inturn will cause increase in interest rates and job losses. Many people will suffer 

People Will not listen bro ! 

[Sandy_14]

8 minutes ago, Manishican said:

Please Stop/postpone buying other than groceries/essentials else inflation will keep going up which inturn will cause increase in interest rates and job losses. Many people will suffer 

Akkada rojuki 100 tesla model y loading on dallas roads ...

Nuvve emo groceries antunnavu...

 

Ppl Have lots of cash this time where they sit and eat for 2 to 3 years...

 

This is not 2008 recession..

This time bank accounts lo min 200 to 300k  unnayi back up cash every IT guy 

[ImprovedLokesh]

12 minutes ago, Manishican said:

Please Stop/postpone buying other than groceries/essentials else inflation will keep going up which inturn will cause increase in interest rates and job losses. Many people will suffer 

Why should we listen to you ? Do you run my payroll?? 

[BommaliNinnodhala]

28 minutes ago, Manishican said:

Please Stop/postpone buying other than groceries/essentials else inflation will keep going up which inturn will cause increase in interest rates and job losses. Many people will suffer 

[Variety_Pullayya]

2 years nunchi same song....glass marchandra

[Manishican]

Because some of you will lose jobs/h1b/homes. Recession will last longer and more people will lose jobs.

[Neekendukuu]

[ForEverJava]

1 hour ago, Sandy_14 said:

Akkada rojuki 100 tesla model y loading on dallas roads ...

Nuvve emo groceries antunnavu...

 

Ppl Have lots of cash this time where they sit and eat for 2 to 3 years...

 

This is not 2008 recession..

This time bank accounts lo min 200 to 300k  unnayi back up cash every IT guy 

Ninna swadesi ki after oka 6 months taruvata vella ..seems all cars in parking lots converted to model y just way too many..😄😄

[CherryGaru]

https://www.npr.org/2023/02/25/1159284378/economy-inflation-recession-consumer-spending-interest-rates

Despite high inflation, Americans are spending like crazy – and it's kind of puzzling

Something unexpected is going on in the U.S. economy.

Inflation remains high, yet many Americans went on a spending spree last month, eating out at restaurants and shopping for cars.

A drop in consumer spending would help to cool inflation, but it would also raise concerns about a recession. On the other hand, if spending continues to grow at this pace, it could force the Fed to raise interest rates even more aggressively to bring prices under control.

"We estimate households to still have about ten months of spending power if they continue to deplete excess savings at the pace they have over the past six months," Wells Fargo economists wrote in a research note Friday

[Bears]

These Economic principles are outdated now, There is no way you can control the consumer spending until and unless the unemployment rate goes higher. As long as the job market and the Economy is good there is no stopping and no recession. People have lot of money and increasing Fed rates won’t have a direct impact on consumer spending, It takes years to have direct impact going by current trend. Just chill and enjoy if you can afford and spend!!

[Manishican]

2 hours ago, Bears said:

These Economic principles are outdated now, There is no way you can control the consumer spending until and unless the unemployment rate goes higher. As long as the job market and the Economy is good there is no stopping and no recession. People have lot of money and increasing Fed rates won’t have a direct impact on consumer spending, It takes years to have direct impact going by current trend. Just chill and enjoy if you can afford and spend!!

Non IT job market is very strong. Unfortunately more interest rates hikes ahead.

[ismartganesh]

unless and until banking and manufacturing jobs take a hit, nothing is going to happen. 

best advise is to don't hoard the cash during the inflationary period. invest in real estate to beat the inflation.

[Manishican]

Ee forum is an example of people still have lot of money and buying lot of cars/houses/etc.

[Anta Assamey]