Subject
Societe Generale (Sockgen) > consumer crunch
Quote from Video
Sock Jen is arguing that if we take another look, we are seeing an entirely unsupported spending and income trajectory. This unfortunately does not bode well. Consumer spending has only been sustained through a collapse in the savings ratio.

“Sock Jen is arguing that if we take another look, we are seeing an entirely unsupported spending and income trajectory. This unfortunately does not bode well. Consumer spending has only been sustained through a collapse in the savings ratio.”
7m31s• 56K views • 3 weeks ago
View Video at Timestamp →