News for hackers. Stuff that matters.
Re:Second-quarter US GDP growth revised up to 4.2 percent on... by simplemts on Thursday August 30, 2018 @08:44AM (#17876205)
"Consumers wouldn't be spending if they didn't have extra cash in their pocket, and they expect the economy to stagnate/decline"

Debt, leverage, credit cards, loans, home equity lines, etc.

Perhaps 2007 is a great teacher about overleveraged consumers "spending money in their pockets".

It wasn't real, sustainable, and ended terribly.

There are no comments on this comment yet.