You hit on something that I've never fully understood. When the economy isn't doing well, people are afraid to spend their money, so companies don't sell products and end up cutting salaries, or laying off, or at the very least having hiring freezes. That makes people have even less money to spend which causes even fewer sales, and it becomes an endless cycle. But what can make it stop?
It's certainly horrible what's happening over in France now, my heart goes out to the country. But I enjoyed this article even more for the excellent charts and commentary. Well done.
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Why does every one of your comments involve calling someone some profane name?
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How so?
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Seriously? Where did you get this fact from? Would love to know if it's true.
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And it's significance is what exactly?
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Doesn't America owe China most of its debt? China could collapse the dollar by demanding repayment. I'd say they are a world super power as well.
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Thanks for a great post on this.
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Hi Jesse, I'd also like to know the answer to Paul's question. Thanks.
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Thanks!
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You hit on something that I've never fully understood. When the economy isn't doing well, people are afraid to spend their money, so companies don't sell products and end up cutting salaries, or laying off, or at the very least having hiring freezes. That makes people have even less money to spend which causes even fewer sales, and it becomes an endless cycle. But what can make it stop?
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It's certainly horrible what's happening over in France now, my heart goes out to the country. But I enjoyed this article even more for the excellent charts and commentary. Well done.