[Cobra64]

Recent reports are that banks, businesses and private individuals are sitting on mountains of cash that is not being spent. What’s with this?

So businesses are sitting on cash. So what. What do you expect them to do? Give it to you?

Suppose their customers are bankrupt or out of business, what then?

Should they buy more raw materials, make stuff, and sit on finished goods when no one is buying?

Try this: open a bakery in the desert, 100 miles off the road and try to sell apple pies before they rot.

Individuals are paying down debt and now saving and maybe sitting on cash because they may need to survive.

It boggles the mind how many people lack critical thinking skills and common sense.

[stephenjohnbanker]

” It boggles the mind how many people lack critical thinking skills and common sense. “

It just keeps getting worse....: )