poorslob

Warning Signs of a Modern Depression: See 1990 Japan

Everyone has a theory on the reason for the current economic contraction ,mine is slighlty different . I my occupation I have the opportunity to visit a great many homes and have noticed a common situation that seems to appear in almost every home that I am in. We Americans are saturated in junk it hangs on the wall, the floors are cluttered to the point that you can hardly walk , My point is this, the American consumer has simply ran out if space to store any more stuff, the garage is full the closets are full the basement is full . We are junkaholics and are economy is contracting because we are suffering from a junk hangover. Hopefully thic recession will cure us of binge consuming and will lead us to a more productive path