Friday, March 26, 2010

The “shop till you drop” economy

With the collapse of Investment, Consumption has roared to record highs as a percentage of GDP.  Data to 2009Q4.  Who would want to invest in the United States when there are fiscally solvent, rapidly growing emerging economies to invest in? 


GDPI = Gross Domestic Private Investment; PCEC = Personal Consumption Expenditures.  Both in current dollar terms.

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