Incomes up .02 Spending up .05 how sustainable?

Discussion in 'Economics' started by noob_trad3r, May 3, 2010.

  1. I would almost guess we are back to the unsustainable easy credits, flat wages economy again?? Get paid 1 dollar spend 2.
  2. itsame


    I believe this will be sustainable for at least a year longer. I don't think people are necessarily spending out of their savings or taking on additional debt as a whole.

    I believe its people "strategically" opting out of their mortgage payment.