In an economy with 80% consumer spending, your assertion should be supported because it is fundamentally at odds with the economic context and make up of economic activity.
Supporting consumers obviously worked this year, the fact that a 30% drop in economic activity has been as mild systematically as it has is direct counter evidence to your statement.
Supporting consumers obviously worked this year, the fact that a 30% drop in economic activity has been as mild systematically as it has is direct counter evidence to your statement.
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