Bill Bonner: World Economy of Spending

Posted by admin on Friday, August 27, 2010

Bill Bonner Money Quote saying the world economic picture is driven by consumer spending is about excess and is driven by unneeded goods being purchased.
 
The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for Quote
 

“The entire world economy rests on the consumer; if he ever stops spending money he doesn’t have on things he doesn’t need — we’re done for” — Bill Bonner

 

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