Thank you for asking my opinion, it is an honor to be asked by you.
The thing that surprises me is that consumer spending is 70% of GDP. Is it that high in other countries?
During the Depression, people learned to be VERY frugal. The difficult times caused a new way of looking at lifestyle and what is important in life. Will this next recession be big enough to cause a cultural shift?
What do you think VCJIM? Why are your values so different from the majority?
