Saturday, August 15, 2009

consumption economics no longer valid

no one will trust governments pushing consumption economics, just because people have hit the bottom thanks to empty assurance of governments all over the world. people dye of starvation due over borrowing right and left thanks to credit cards and likes.Even monetary policies might pump new money there will be no takers and if one takes he will move to savings an he will not spend. the principle driver is if you consume you shall have ohave continuous revenue or income but revenue or income pipeline is sadly disaturbed and if one spends, he is not sure whether he would be saved when his revenue and income is either flat or totally dried uo!

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