Posted 12/22/2018 18:12 (#7189879 - in reply to #7189471) Subject: RE: It's important to remember that ...this thing will feed on itself.
so what you describe is generally labelled as "discretionary" spending, spending on wants not needs. Does discretionary spending make up that much of the gdp? truly wealthy individuals are likely already on the sidelines waiting to jump back in when the sentiment turns, which it will soon enough.