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FedEx Announcement October 2012/Investors
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<blockquote data-quote="thedownhillEXPRESS" data-source="post: 1038552" data-attributes="member: 41741"><p>That 40 grand isn't being spent, it's being sat on.</p><p>The wealthy can only buy so many goods.</p><p>No reason to purchase 500 iPads or 70 vacuum cleaners just because you can.</p><p>No the money gets stashed, in many cases out of the economy.</p><p>Tell me , if one person owned all the wealth in the world ,how would that be a "working" economy, that's what the days of kings and emperors had,leaving little innovation in economies.</p><p>That's what is happening on a smaller(but growing) scale.</p><p>Take money from the masses and the consumer is left with nothing to spend.</p></blockquote><p></p>
[QUOTE="thedownhillEXPRESS, post: 1038552, member: 41741"] That 40 grand isn't being spent, it's being sat on. The wealthy can only buy so many goods. No reason to purchase 500 iPads or 70 vacuum cleaners just because you can. No the money gets stashed, in many cases out of the economy. Tell me , if one person owned all the wealth in the world ,how would that be a "working" economy, that's what the days of kings and emperors had,leaving little innovation in economies. That's what is happening on a smaller(but growing) scale. Take money from the masses and the consumer is left with nothing to spend. [/QUOTE]
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