Stephen King: Consumers may at last be recognising their apparent riches were an illusion
http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=640688
http://news.independent.co.uk/business/analysis_and_features/story.jsp?story=640688
Vastaukset 2
Vanhimmat
"If there's a reason behind this newly Scrooge-like behaviour, it probably lies with the housing market: assets that once looked so liquid suddenly look decidedly illiquid."
BULL! eiku BEAR!! eiku...
"They've [consumers] been doing something that's probably irrational from the point of view of the individual consumer because they all need to be saving more: saving for retirement, saving for college and all that. But we'd be in bad trouble if they started doing that rational thing all of a sudden. We're happy that they're spending. We wish that they didn't have to run up a lot of debt to do it. But it's not something we're terribly worried about right now because their assets are high."