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Oct 03 00:20 am
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All Comments by dustbusterz »Profiting from the Tapped Out Consumer [View article]
* BudH:
* Comments (37) SAYS;
This higher savings rate will come out in future spending in the consumer economy.
but it took The Chinese 20 years of saving before they began their spending spree. If it takes Americans only half that(10 Years) thats a long time for the economy before it recovers. thats why many of these stocks have risen way too soon. i believe many are way over priced at this point.They have no where to go but don't so I would be looking at shorting a lot of ETFs.