Quote:
Originally Posted by mce
Your post reflects the current consumer sentiment in the US. It's definitely trending DOWN. I would be surprised if there was NO RECESSION within a year of this thread. It can still turn around though... The first place to look is the US FED's interest rate policy for the coming year.
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the fed already said that they might not rise interest as expected.
what means: there is no need
if there is no need the inflation rate is lower
when inflation rate is decreasing it means that the difference between supply and demand is getting smaller. as soon as demand is lower than supply we talk about a deflation what is the worst that can happen because next steps that are following are depression and recession.