The world’s consumers are sitting on piles of cash. Will they spend it? | The Economist

The world's consumers are sitting on piles of cash. Will they spend it?

Households look set to power the economic recovery-especially in America

THE ECONOMIC controls implemented during the second world war make today's restrictions on restaurants and football stadiums look lax. In America the government rationed everything from coffee to shoes and forbade the production of fridges and bicycles.

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