Consumption Falls

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Consumption is falling in developed economies as savings rates rise and income levels fall. Deterioration of the old system of consumption and economic growth leads to a "new normal" in economic activity.


Inhibitors:

1. Technology continues to advance

2. Educated population leading to start-up companies

3. Young generation who love to spend money

Enablers:

1. Less access to capital

2. Companies contracting

3. Government bailouts

4. Less access to jobs


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