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There are no attractive opportunities because large swaths of the population simply have no money to spend. With student loans, stagnant wages, and rising costs
by imgabe 11y ago
There are no attractive opportunities because large swaths of the population simply have no money to spend. With student loans, stagnant wages, and rising costs for housing and healthcare, there's little money left of for a lot of people to buy something new.
Increase wages and markets will be created. There may be some lag as people dig themselves out from under debt, but the longer we wait, the harder it's going to be.
- matwood 11y agoThe savings rate is continuing to increase, so people have money to spend and are choosing not to [1]. http://www.bea.gov/newsreleases/national/pi/pinewsrelease.htm http://www.bea.gov/newsreleases/national/pi/pinewsrelease.ht...
- sprash 11y agoNo mention of medians. So it could as well be just one guy saving a lot of money.
- webjprgm 11y agoIs this true across all economic levels or is this an average so it could be the rich and upper-middle class saving more.
- matwood 11y agoSeems across the board. https://www.washingtonpost.com/news/get-there/wp/2016/03/29/one-habit-millennials-are-actually-pretty-good-at/ https://www.washingtonpost.com/news/get-there/wp/2016/03/29/...
- a3n 11y ago> Increase wages and markets will be created. You might even say that a rising tide floats all boats. More money in the pockets of worker/consumers, more money spent on current and future products.