Quote from stock_trad3r:
Erin Brunette may be hot, but this guy is a putz. There will be no recession. The us economy is supported by the global economy so it doesn' matter if the US economy slows down a little.
You need to do a 180 bro, the global economy is supported by the US consumer. They make a cheap product, we buy it on credit, they take the dollars and loan them back to us so we can buy more. It is a vicious cycle that cannot be perpetual.
-so I can work longer, so I can make more money, so I can buy more coke, so I can work longer, so I can make more money, so I can buy more coke......
Remember, they have exported their savings to us to spend. When we start defaulting on debt, they lose $$ too!