Take heed of these signs. Noticed the dramatic change in advertisements toward value and saving money? They are only reflecting the public sentiment. In fact, many of your favorite sitcoms have now had episodes were part of the major theme revolved around how bad the economy is. Heck, even the Simpsons made light of this when Homer’s annual Mardi Gras party comes home to roost after financing the celebrations on home equity lines of credit:
Simpsons Season 12 No Loan Again, Naturally.
After too many years of financing Homer’s annual Mardi Gras party on home equity loans, Homer and Marge’s adjustable-rate mortgage skyrockets.