The Liquidity Trap: American Consumer Capitulates

Discussion in 'Economics' started by ByLoSellHi, Oct 31, 2008.

  1. I remember when people did not buy a new TV set every 18 months. Back then you buy one and keep it 10 years.
     
    #11     Nov 2, 2008
  2. How unpatriotic.
     
    #12     Nov 2, 2008
  3. Mvic

    Mvic

    MacDonalds earnings would seem to indicate that people are just eating cheaper crap that is staying in longer, no less obeisty but more colon cancer :D
     
    #13     Nov 2, 2008