Peter Pays Paul

Inside commercial hard money lending.

2 Dec

Does the US Economy Need Consumption?

Category: Commercial Hard Money

Looking ahead, with the economy somewhat weak, readers can count on all sorts of commentary lamenting the death of the consumer, and with the latter, the death of the economy. Nothing could be further from the truth. If we’re productive as workers, consumption will take care of itself.

RealClearMarkets – Articles – Christmas Shopping and the Consumption Myth.

Interesting counter-intuitive article from RealClearMarkets.com.

I especially like the last sentence that is quoted above. If America heeds this one sentence, we will recover from this recession in no time.

Tags: Credit Crisis


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Posted Tuesday, December 2nd, 2008 at 5:21 pm
Filed Under Category: Commercial Hard Money
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