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Posted to
Daily Pfennig
by
Chuck Butler
on
11-14-2008
Filed under:
Filed under: Australia, Trade Deficit, Oil, Recession, Euro, GDP, Jobs, Consumer Debt, Credit Crisis, European Union, Consumer Spending
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This week's Outside the Box is from my friends at Hoisington Management. While somewhat technical, they make the case that a slowdown in consumer spending is inevitable. This is worth taking some time and thinking about. Quoting: "This means that consumer spending increases should be approximately...