Consumers aren't dead,they're just on sabbatical....If the velocity of money can be hyped up in the next six months,conspicuous consumers will re-appear,a little at a time.
consumerism has become a way of life in America,and old habits are hard to break....Inflation will reach 20% soon,IMO..
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Consumers aren't dead,they're just on sabbatical....If the velocity of money can be hyped up in the next six months,conspicuous consumers will re-appear,a little at a time.
Jan 06 20:38 pm
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All Comments by fatcat »The New Normal [View article]
consumerism has become a way of life in America,and old habits are hard to break....Inflation will reach 20% soon,IMO..