Tilted Cat Head
Administrator
Location: Manhattan, NY
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Baraka, I'll agree that many countries are living in an extended credit euphoria.
Iceland, Canada, UK, US, Germany, are ones that I read about stating the same things. Large debt loads exceeding income.
I agree that I see many people still shopping in Times Square and SoHo. People walking around with shiny new bags full of new items that weren't just $20.
Restaurants are full of people, bars are full of people.
But this is NYC, so I'm not quite sure what to make of it since I've always seen people shopping here since 1991.
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