re: #396 Targetpractice

4) People are busy paying down all the debt they’ve acquired, particularly during the “good times” of the Bush Era, and so don’t have the disposable income necessary to fuel a booming recovery right now.

5) Folks are being told, day in and out, that Europe/China/etc are on the verge of their own meltdowns, which will likely spark a new recession, so are socking away money into “rainy day” funds.

Well, as far as 5) goes, I DO think China is headed for a real estate crash not unlike we had.