subprime consumer# Investment - 投资
h*y
1 楼
If you bet against the consumer, you're going to lose every time in history.
That is true for the past 10 years, that is true for the past 50 years
including the last stagnation.
Now consumer spending is in a tough test now, but I beg to differ here. For
simplicity, I will classify the consumers into subprime, alt-a and prime.
Subprime ones are the ones who do not have stable jobs, like many of the
Mexican who have lost their jobs in construction. They are the ones who are
hurt most by the slowi
That is true for the past 10 years, that is true for the past 50 years
including the last stagnation.
Now consumer spending is in a tough test now, but I beg to differ here. For
simplicity, I will classify the consumers into subprime, alt-a and prime.
Subprime ones are the ones who do not have stable jobs, like many of the
Mexican who have lost their jobs in construction. They are the ones who are
hurt most by the slowi