Comment on Consumer Spending: What If Americans Dont' Start Buying Again?

Consumer Spending: What If Americans Dont' Start Buying Again?

If Americans don't start buying a lot of stuff again, can the world economy be saved? What's the global Plan B? These are fundamental questions at the summit of the Group of 20 industrialized and developing nations in Pittsburgh. In previous global downturns, Americans have come to the rescue, getting out their credit cards and buying up what the rest of the world produces.

 

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