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Definitely, if people collectively start acting more cautiously and spend less the economy will contract.
by TearsInTheRain 7y ago
Definitely, if people collectively start acting more cautiously and spend less the economy will contract.
- malandrew 7y agoEconomic contraction isn't necessarily a bad thing so long as it is a cautious, thoughtful and controlled contraction that gets rid of the kind of spoilage that festers into a crash.