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ChrisJP

03/21/10 8:48 PM

#48939 RE: SilverSurfer #48936

Spending will not ever go away and there are always plenty of people with money to spend but in deflation they soon realize it makes sense to wait. A vicious cycle.

Actually the vicious cycle is cause by over capacity -- too many good chasing too few dollars. Think about all the casual dining restaurants there are. So as capcity shuts down -- so do jobs. Which further decreases demand. etc.

Chris