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Default Brightening economic outlook?

On Tue, 01 Jan 2008 09:42:57 -0500, Gene Kearns
wrote:

I think overall, we're doing fine - just readjusting to a different
paradigm.


I wonder what that will turn out to be?


In my opinion, and this isn't scientific economic analysis by any
stretch, we are shifting back to a more conservative economic approach
to spending on a consumer level - perhaps a more thrifty approach to
how we approach spending would be a better way to say it. Increasing
equity in homes, a more realistic approach to expectations - that kind
of thing.

Unbridled consumerism has seen it's day - I think.
 
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