[Bertie W.]

Since the American consumer will never be back, and I see no reason to doubt that assessment, the US economy is doomed as well: 70% of GDP comes from that same consumer. Keep that in mind when you read the next batch of ”just around the corner” statements.

I can only hope the media is not going to subject us to the 1930’s catchphrase, “Prosperity is just around the corner,” in the 2010s. : /

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