Monday, December 14, 2015

Consumers are spending

As a share of nominal GDP.  So why are kanosians crying about lack of demand?

But, it is coincidant, mostly its collapse is the recession, which happen suddenly,   But, a better question is why does it peak at 66% in a highly competitive world?  Its level seems to have shot up toward the end of Clinton.  Collapsed at the crash, then climbed right back up, in two phases.

I dunno, I fear the sudden correction.  But the correction may be mild, the data is mixed.  Look at how the consumer adapts, just shut down purchases for a while until prices drop.  That belief function, as Roger calls it, is two state, the consumer has a grammar, a set of rules for playing the game.   Banker bot will nail this, as a matter of course, banker bot manages the consumer belief function.

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