The availability of easy credit has kept lower/middle class consumption so high recently. It will not last. In fact as we speak this whole system is unwinding.

The availability of easy credit has kept lower/middle class consumption so high recently. It will not last. In fact as we speak this whole system is unwinding. Watch credit card delinquencies... But I take it that what this article is really arguing for is the maintenance of free trade. And on that point I agree.