
Saying Goodbye to the Borrow and Spend Economy
Bill BonnerLet’s get this straight. Household credit is shrinking… Profits are shrinking… Employment is shrinking… Housing values are shrinking… The wage base is shrinking… But the recession is over!
Let’s get this straight. Household credit is shrinking… Profits are shrinking… Employment is shrinking… Housing values are shrinking… The wage base is shrinking… But the recession is over!