Posted by noncompos on December 24, 2008 at 08:30:49 from (71.36.97.241):
In Reply to: Our frugal future? posted by Spook on December 23, 2008 at 18:48:17:
It's not a choice; most of us don't have the resources to continue "conspicuous consumption", no matter how many say it's patriotic or necessary to keep the economy going, despite the fact that there's a lot of economic truth in those slogans. We've supported half to two-thirds of the world with our credit purchases, and the world's economies, as well as ours, are contracting because there's no more free and easy credit. Those of us who never believed in all the producers/retailers/governments urging to "buy now!!" will have less to lose, but we'll all be hurt to some extent.
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