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MMA News Headlines |
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Forrest Griffin Talks Economics
 Date submitted: 13 October 2008
Author: Mick Bower
The credit crunch, the global financial crisis - whatever you call it, it’s impossible to get away from it.
The politicians and bankers have had their say - now, UFC Light Heavyweight champ Forrest Griffin has given his take on the current economic situation.
Griffin told the Baltimore Sun:
“I bought a house a year ago and it’s worth $160,000 less now and I’ve lost a little money.
It seems like, to some extent, people don’t have the disposable money they had a couple years ago and everyone is starting to hide their wallets a little bit. But I tell ya, man, I go out to eat and you still gotta wait. People are still eating, the highways are still jammed with cars, people are still at the gym. It’s almost like a panic, but its business as usual for people.
I live in Vegas and when people don’t come and people tip less, I mean the velocity of money in this town is very fast, and when it slows down the whole system breaks a little bit. I’m doing my part, I’m spending as much as ever. George Bush told me to and I’m doing it, da*n it”. |
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