http://backseatmarketers.com/2008/10/10/consumer-saving-to-trump-spending/ Offering Lots of Marketing Directions Sat, 16 Jan 2010 13:21:06 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://backseatmarketers.com/2008/10/10/consumer-saving-to-trump-spending/comment-page-1/#comment-84 CoryS Mon, 13 Oct 2008 19:11:55 +0000 http://backseatmarketers.com/2008/10/10/consumer-saving-to-trump-spending/#comment-84 =Allan, I agree that this pull back may create even more issues as this cycle's trend has even VC's looking to cut budgets ahead of the recession instead of feeling out how bad things get. =Allan, I agree that this pull back may create even more issues as this cycle's trend has even VC's looking to cut budgets ahead of the recession instead of feeling out how bad things get.

]]> http://backseatmarketers.com/2008/10/10/consumer-saving-to-trump-spending/comment-page-1/#comment-83 Allan Mon, 13 Oct 2008 18:37:49 +0000 http://backseatmarketers.com/2008/10/10/consumer-saving-to-trump-spending/#comment-83 Essentially, BCG is calling a reversal in trend here. It's not inconceivable because the recent market turmoil has been so severe and so dramatic. Consumers are likely scared that they may lose their jobs, their homes, and their life savings. The resultant cuts in spending will only exacerbate their fears - it's a self-fulfilling prophecy. Essentially, BCG is calling a reversal in trend here. It's not inconceivable because the recent market turmoil has been so severe and so dramatic. Consumers are likely scared that they may lose their jobs, their homes, and their life savings. The resultant cuts in spending will only exacerbate their fears – it's a self-fulfilling prophecy.

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