The household spending rate has stabilized
The corporate investment in software and equipment has stabilized
So the effective demand we need is what a boom in construction
Forget
Any serious reduced trade gap by bigger exports
So ....
Of course
1 ) households could collectively go back to zero savings from 5%
and
2) we could have an equipment and software boom
But I suspect imports would bite a goodly chunk out of (1)
And (2 ) faces the big "for what ?"
