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> Who will afford to buy their expensive products? Fewer and fewer people. Yes, a shrinking of the consumer economy. It will work, just not like it has in th
by psychlops 2y ago
> Who will afford to buy their expensive products?
Fewer and fewer people. Yes, a shrinking of the consumer economy. It will work, just not like it has in the past. As I see it, you are absolutely correct in your assessment. Absent a proactive approach, the alternative (which I think we will live to see) will be watching the system break.
Perhaps a lame duck president rebalancing tariffs can slow the slide, but I think the end result will be the same.