Tuesday, October 21, 2008

Boomer Bust: How Will the Economy Rebound Without Post-War Babies Financing Their Harleys? - WSJ.com

This article makes an almost philosophical or ethnographic argument about boomers and their spending habits. It seems simpler to say boomers brought unprecedented demand to the housing market when they started buying, and they are bringing unprecedented pressure now that they are selling.

http://www.wsj.com/article/SB122455140262652669.html

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