David Rosenberg: The Frugal Future
Thoughts on the future of the economy, with David Rosenberg, Merrill Lynch North American economist
Final Thoughts: The U.S. Economy
David Rosenberg, of Merrill Lynch, discusses his outlook on the economy and the housing market
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It will be good for people to have to endure some frugality. The population has had it too easy for too long. Or at least putting their efforts into unproductive enterprize. They have become fat, lazy and out of touch. That is how civilizations collapse.
Posted by: Peter | Aug 7, 2008 5:09:22 AM
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