I don’t know if it’s resistance as much as good policy. The minute we got back from our yearlong retirement trip we pretty much ceased spending all together and we’ve been putting more and more money into assets that can survive a currency devaluation.
Anyone who spends with reckless abandon right now is a fool
if it’s not too personal, what sort of assets might those be, please? It’s high time I protected myself.
Bingo. Anyone charging up the credit cards and spending like crazy is insane. The market may go down again this fall.
Obama is doing a Chavez/Mugabe on the economy to wipe out the middle class. The left in concert with Islam want to wipe out the US. They have pretty much succeeded in the UK.