A lot of people are starting to talk like this - perhaps some self fulfilling prophecy? Or perhaps a dose of reality that borrowing your way out out of global recession is not the best way to do business in the long term?
Either way, we are not out of the woods yet, and perhaps we all need to realize that it's a big new world out there, and in here...and the only way things are going to change is if we change them at home, with our own spending habits and then insist that our municipal and federal government representatives learn to do the same. Long term financial stability does not involve in any way one thing: DEBT. Loose the debt, live better - simple, but the only real answer.
See the blog post below:
Comment - Brace - but not too hard - for the double dip recession: Beverage news & analysis