Debt Chemotherapy

In a couple leading economic indicators, we report on fireworks & Las Vegas.

Leading Economic Indicator #1: Fireworks

I’ll start with fireworks. Four years ago, I spend a couple hundred bucks on fireworks and drove up to LA to celebrate at my friend JD’s house, who is relaunching the Museum of Death on Hollywood Blvd. Anyway, There were over 20 people there, and I remember driving on some of the hill side streets and it was like the Tet Offensive.

The smell of gun powder and the flashing lights, man, if I was a war vet, I would have had a flashback. Luckily I was only a mechanic in Germany, so my Army stories don’t involve combat. Also, for about a month, the run up to the 4th was a constant barrage of bottle rockets & firecrackers for all of the month of June.

Anyway, about 2 years ago, I spent about $200 on fireworks again and and went over to my wife Mindy’s Uncle’s house. She is from Viet Nam and her Uncle lives a few miles away, so we blew off all the fireworks and it was fun.

Last year, I didn’t buy any fireworks and the lead up to the 4th was light in our neighborhood. Few fireworks in the weeks before, unlike the constant bombardment of bottle rockets in the past.

This year, only a couple pops before the 4th and no fireworks for us. How about you, did you buy any fireworks? How many did you hear running up to the 4th?

Leading economic indicator #2: Las Vegas

The Independent has a good article on the state of Las Vegas

Down and out in Las Vegas

The good-time capital of the US has hit a losing streak. Guy Adams reports on an epidemic of bankruptcies, foreclosures and mass lay-offs

Since the day Las Vegas was created in the shimmering Nevada desert, visitors have been drawn by one simple promise: “What happens in Vegas stays in Vegas”. The motto adorns the city’s road signs, and has inspired everything from its souvenir T-shirts to the local tourist board’s seductive advertising campaigns.

These days, that motto is imbued with a worrying sense of irony. Because America’s most outrageous city is facing a growing multitude of problems, and they all boil down to a single, unavoidable point: right now, far too little happens in Vegas, because not enough people are actually staying there.

I don’t know about you, I really don’t like to go to Vegas anymore. The traffic stinks, the rooms are expensive, the crows are everywhere, well maybe not now, and you loose all your money. What fun is that?

People just don’t have the money to go throw away. When you lost your job and need to pay the bills, the last thing you are thinking about is the bright lights of Vegas.

If you are having problems paying your unsecured debts, then maybe you might want to consider a Debt Settlement program. Debt Settlement is an accepted method of working with credit card or unsecured debt if you are in a hard ship. We can get the credit card companies to accept usually less than 1/2, and lower your monthly payments so you can get some relief.

I have been helping people learn if Debt Settlement is the right option for them for almost 3 years. To find out more information, give me a call between 8-5 Pacific.

Christopher Winkler
DebtChemotherapy.com