J6P will spend until his credit card is rejected……I have NO faith in the restraint of the typical american, neither should you. Its not pessimistic, its reality …I offer the economy of the last 5 years as evidence to this.
This is going to start in earnest 1st qtr/08 folks and its going to be bad and get worse….it hasnt even started yet ….EVERYTHING is intertwined…..EVERYTHING.
There is no industry sector or avenue of commerce that WONT be greatly affected by the coming woes.
