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Investing Books / The Millionaire Mind


Subject:  Re: The Overspent American Date:  12/21/2001  11:25 AM
Author:  FinancialFemme Number:  201 of 220

Based on your post, I picked up this book yesterday. I'm only into Ch.4, but so far, it is a great book. (I especially like the part about Nike -- I've been boycotting the brand for years because of their marketing tactics).

What did you think about the author's causal relationship between the increase in consumer debt and the decline in public education and services and thus the increase in crime?

And what about the (in my opinion) completely disproportionate value Americans place on automobile make/model/year? This is an easy observation to make simply by driving down the expressway and counting SUVs. Based on average and/or median income levels in this country, either everyone who can afford to buy an SUV does buy one (or two), or a very large portion of Americans who cannot afford to buy them instead lease them so they can fake affluence.

Thanks for the recommendation!
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