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If a person is concerned that there is a looming downturn, they are likely to reduce their spending in advance. This action is likely to have the effect of incr
by nickff 3y ago
If a person is concerned that there is a looming downturn, they are likely to reduce their spending in advance. This action is likely to have the effect of increasing their net-income before the downturn comes.
- MuffinFlavored 3y ago> they are likely to reduce their spending in advance. Can we extrapolate that we are not seeing a reduction in spending because tech companies are posting "good earnings"? It takes people spending money in order for earnings to be good, right?