Nov 26, 2012

Economics 101

Economics 101

Tis the season that will define whether 2012 was a retail dud or success.

I’m always amused by the pundits who talk of economic growth or decline and that ‘consumer confidence’ plays a huge part in the determination of growth.

Consumer confidence is in reality, nothing more than a measurement of state of mind. If we all think the economy is good, it will be.

Thus the above statement, which if we all believe will result in a full economic recovery.

End of story.

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