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People probably wouldn't do anything else than just buy that food, and wait for the world to end? LOL
by jerguismi 14y ago
People probably wouldn't do anything else than just buy that food, and wait for the world to end? LOL
- josephlord 14y agoOversimplified. This is an HN comment not a Economics paper. Discretionary spending reduced, borrowing falling leads to deflationary cycle with shrinking economy unless action is taken. I thought it would be obvious I didn't mean absolutely all spending will stop.