There are a couple of things going on right now that I want to bring to your attention.

Consumption and poor quality

I've had this checked by the two top consumer credit lawyers in the country.

His company is one of the best managed companies in Japan.

Right now today, the savings rate is about 4 .

On interest expense.

Then the actions have two new types of clauses.

One is that Frito Lay figured out this liquidity thing with their consumer.

What's everybody's biggest fear?

would not be a financial problem for the state with consumption tax.

This was the last 15 years before the crash, and you can see there, consumer debt rose dramatically.

Then it should be plainly legal for Russell to make a remix,

The fasten action has a consume clause, saying it consumes resources and once it uses them, they're gone forever.

That would lead to the end of cyclical consumption and the end of monetary system.

and say, Where does your stuff come from? They say, Suppliers.

And where does it go?

If we really want to see the kind of wide consumer behavior change that we're all talking about as environmentalists and food people, maybe we just need to ditch the term consumer and get behind the people who are doing stuff.

There's the Dodd Frank Act, there's the new Consumer Financial Protection Agency that is temporarily being headed through the backdoor by Elizabeth Warren.

So whenever you have a discussion on the things that may or may not drive inflation it's important to weight them by these weightings that the CPI gives them to actually figure out what the actual impact on how we measure inflation really will be.

We've questioned the future of capitalism.

Many consumers rose up against the consumption tax.

We see that play itself out with empathy and respect.

They're not.

Hi.

Please, please, stop referring to yourselves as consumers. OK?

Without sellers and consumers, manufacturers have no reason to produce anything.

(Laughter)

But this time not starting with question 'how can it be financed?', but rather asking how VAT can be made more social?

Because this has also been a dramatic time of transformation.

Have a stick? Well why not have a carrot?

Crisis equals opportunity.

Now we're also in the era, today, of quantified self.

And this crash would have been about a 450.

So there are, of course, two different possibilities.

What is the objective?

Marketing reduces things. Marketing simplifies.

Forsyth, Missouri chapter of the Family, Consumer, and Career Leaders of America...

Taxes?

The only tax that cannot run away is VAT.

We've mentioned the health, but it needs consumers to buy into it.

They want to hunker down, they want to look to the future.

And the idea is a simple, simple idea, which is the fact that the consumer has moved from a state of anxiety to action.

All your gold for all our sheep.

And this is key, too, because I don't know, you're probably not aware of it but hedge funds can't advertise, so they're not consumers of the financial or they're not customers of the financial press.

The third of the four laws of post crisis consumerism is about durable living.