ST Alpha - "An economic rebound will depend largely on whether consumers will be willing/able to resume taking on debt to buy big ticket items." (Reading a Post)

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An economic rebound will depend largely on whether consumers will be willing/able to resume taking on debt to buy big ticket items.

Posted by con_carne Jul 23 '09, 15:19

Consumers may return to their old spending ways somewhat, but it's looking unlikely that they will get back into spending freely as they did just a few years ago.

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[deleted] 2
- Stopping the downturn is good, but we will want growth to come somehow. Remember that one critical form of growth will be the stimulus. - con_carne Jul 23, 15:33
- I no silly, you sill :) -- nm - con_carne Jul 23, 15:26
uh, as far as I know, that's exactly what the "new housing starts" metric measures -- nm - Beryllium Jul 23, 15:21

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An economic rebound will depend largely on whether consumers will be willing/able to resume taking on debt to buy big ticket items.

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