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Bloomberg opinion piece,: Americans can’t spend like they used to. Store shelves are emptying, can take months to find a car, refrigerator or sofa.” “If this continues we may need to learn to do without, live more like the Europeans. .Might not be a bad thing.. ”U.S. economy built on Americans’ endless appetite to buy lots of stuff. . Household consumption makes up 67% of GDP . When economy slows, we’re told spending our patriotic duty. U.S. economy could be healthier if less reliant on consumption.”