No. of Recommendations: 1
75% of GDP is consumer spending, with $4 dollar gas, all electronic devices going up 20%; Mr. Consumer is going to freeze up!!

$3 gas and endless "greenspot" advertisements by the oil companies have prepared the way for $4 gas. As the public gets more pessimistic about oil and pollution, they will prepare themselves for $5 gas without as much as a squeak.

As far as electronic devices, gahh, who needs anything else? Any computer available in the past 3 years far outstrips anyone's conceivable needs for them. Most of the CPU cycles on mine are spent computing SETI blocks. Even if I was still playing quake, most of the CPU cycles would still be used for SETI. How many more ipods and iphones and icrap will the consumer be goaded into buying? It has to eventually collapse. What the next great thing will be, I don't know. Maybe pet rocks and hula-hoops again, or getting outside and whacking a ball around with a stick? At least they'll be affordable with $5 gas. :)

Mr. Consumer is bored, and that's why he's spending money on hot cars and electronic junk and being "connected". He'd be more than happy to discover something new to do with his "excess funds". As it is, there's not much left to do with his money other than save it, and we know how exciting that is.

Hedge
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