US consumers drive the world economy...true or false ?

On Apr 17, 4:56 am, "Fittest" <erk...@xxxxxxxxxxxxx> wrote:

--
The American consumer, not China, that can drive the world economy.
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Why is the US economy in crisis.. ?
Why can't US consumers continue buy more houses...spend
more on home furnishing, .Why can't US consumers continue
to spend lavishly on new cars, first class holidays, expensive
consumers goods TV, the latest handphones ...

Since the US consumers' spending would keep the US economy
growing...American should keep on spending...to keep business
from failing,...to keep US workers in their jobs....

Are Americans stupid...to stop buying houses, buying new cars,
buying expensive consumer goods...in order to prevent the US
economy from going bankrupt!

There must be a flaw in this concept...US consumer drive the
US economy...the world economy.

.

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