(yahoo finance/tech ticker) Hoping for a quick return to the consumer spending habits of past quarter-century, when "financial discipline" meant remembering to withdraw enough home equity to get a new SUV every two years? Forget about it, says Gary Shilling.
We are indeed going to return to the past, but it's going to be the enforced frugality of the 1930s and 1940s, not the debt-fueled orgy of the past couple of decades.
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