a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by user-inactivated
user-inactivated  ·  1803 days ago  ·  link  ·    ·  parent  ·  post: Saudi Arabia Stuns World With Massive Discount In Oil Sold To Asia, Europe And U.S.

How much is America's economy propped up by consumer spending? Like, all of it? I can't imagine, if people aren't gonna go to work and get paid, or even if they get paid but they don't go out, this is gonna be a real hard recession to turn around just for that. I'm worried. Not about the stocks mind you, but about people. Recessions hurt.





kleinbl00  ·  1803 days ago  ·  link  ·  

    How much is America's economy propped up by consumer spending? Like, all of it?

An interesting question.

Most. As it turns out, most.