Maybe the markets and central bankers need to change their mentality to sustain growth
Click download link to listen on this device: Download Show
Dis complacency of monopoly and corruption will bring https://www.youtube.com/watch?v=129fNm25sZ8
A NEW WAY FOR BANKS ! https://www.youtube.com/watch?v=QjyXuQv224s
Good thoughts from Chris today. Thanks again from working while honey-mooning Cory. Enjoy the beach!!
I thought the comments at the end about the changes in the “over-consumptive” consumer, and how Americans had a big wake-up call in 2008 and started reigning in credit card payments, excess spending, did less shopping, did less home improvements, etc…
Also, as gas prices rose over the last few years, many started really trimming their budgets wherever possible, and now that gas prices went down, maybe they blow a little on food & drink, but most are paying down debt with the extra money or saving it.
This has changed the pace of the consumer orgy that was the engine for growth.
Noting RONG SLAVE’S ! http://www.bloomberg.com/news/articles/2015-03-18/ecb-besieged-by-protests-as-draghi-celebrates-1-4-billion-tower