GLG News Analyses of the following article:
Rebalancing the world economy: America Dropping the shopping
Published at: www.economist.com
-
America's Affluenza: The End of An Era
July 30, 2009
One highly visible result of the ‘Great Recession’ is the vast number of high-end retail stores and shopping malls across the US which stand deserted and forlorn. Where have all the consumers gone? Are they standing in the unemployment line or are they hunkered down in their current jobs doing all they can to hang on to every dollar they have? Or perhaps the ‘Great American Consumer’ has finally been cured of its case of consumerism and Affluenza.
- Subscribe to Updates
-
Work for one of the world's leading organizations? Get started now.
Get Intelligently Connected
with the world's leading experts
GLG's 850+ Clients Include:
- More than 70% of the world's leading
- mutual funds
- 15 of the leading 20
- global banks
- 9 of the leading 10
- global private equity firms
- 5 of the leading 10
- AmLaw firms
- Fortune 500® Companies
- in nearly every industry sector, including pharmaceuticals, insurance, chemicals, energy and computer software
Gerson Lehrman Group, Inc. connects communities with knowledge through two distinct, yet complementary offerings: GLG Research and G+.