People need to look under the hood of the economy. The engine is not running on premium gasoline in the form of savings but rotting ethanol in the form of debt:
annual personal savings rate at multi-year lows in the past 2 years: 2.2% to 5.4%
total consumer loans at multi-year high: nearly US$1.2 trillion
This condition cannot endure. It is a forewarning of crisis.
住戶編號:1961896
的日記本
檢舉原因
心情: 
