I guess that whoever wants to rack up more debt on his credit card will pay for Fleetwood tickets.
What I should have learned, long before I did, is that "health" in an economy constitutes both good news & bad news, depending on the vantage point of the analysis. For example, if retail is doing well, personal (or household) debt is inevitably rising. If retail is doing poorly, personal (or household) saving or retirement saving is probably increasing (except for the unemployed, who are trying to make sure they have enough for next week's allotment of mac & cheese).
An economy like this? It's either The Mac ... or mac & cheese.
The better Fleetwood Mac does for its proposed tour, the worse all you fans are doing with saving emergency cash or contributing to your retirement funds.
But don't these entertainment/media conglomerates rely -- as much as any other industry does -- on banks & loans? The economists say that credit is flowing only slightly freer today than it was three months ago.
I have a question (which probably won't get an answer) for all you Mac fans d'un certain age -- say, 35 or older -- who plan to buy tickets to the show. Are you on track with your retirement (401k, IRA, etc.) account saving?
__________________
moviekinks.blogspot.com
|