I think the general message here is that despite the fears about a low savingsrate, the consumer continues to hang in there, and that's essentially the only thing that's going to keep the economy on track.
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This quote is just one of 9 total Wayne Ayers quotes in our collection. Wayne Ayers is known for saying 'I think the general message here is that despite the fears about a low savings rate, the consumer continues to hang in there, and that's essentially the only thing that's going to keep the economy on track.' as well as some of the following quotes.
I don't think anyone has seen this happen so quickly. I don't think Alan Greenspan has seen it happen so quickly. So he's taking out an insurance policy for himself. My best guess is that they (The Fed) are running scared. At this point we've seen such pronounced weakness across all areas of the economy that I think they're fearful this downturn is going to be very different than any in the past.
I think the general message here is that despite the fears about a low savings rate, the consumer continues to hang in there, and that's essentially the only thing that's going to keep the economy on track.
This quote is just one of 9 total Wayne Ayers quotes in our collection. Wayne Ayers is known for saying 'I think the general message here is that despite the fears about a low savings rate, the consumer continues to hang in there, and that's essentially the only thing that's going to keep the economy on track.' as well as some of the following quotes.