Consumer Debt

Why We Are Where We Are

Tony Ressler | Posted 07.16.2008 | Business

Read More: Indymac, Indymac Bank, Consumer Debt, Economy, Business News
Tony Ressler

People used too much debt to buy things at the wrong time in the economic cycle and lenders have been too lax in their lending standards. This has all changed because it should -- in short, risk has been repriced.

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Three Fingers Pointing Back at Me

Brent Kessel | Posted 03.31.2008 | Business

Read More: Consumer Debt, Insurance Rates, US Debt, Economic Recession, Economic State, Credit Rates, Credit Rating, Recession, Business News
Brent Kessel

As the U.S. economy careens toward that big cliff called Recession, there's a scramble to understand just how we got into this predicament.

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Recession Fear and Dollar Loathing in Las Vegas

Eben Esterhuizen | Posted 02.06.2008 | Business

Read More: Recession Fears, Federal Reserve, Recession, U.S. Economy, Budget Gap, Consumer Debt, Wall Street, George Soros, Business News
Eben Esterhuizen

The Fed may continue to cut interest rates, but they must be careful not to run out of ammunition. In other words, if the federal funds are lowered beyond a certain point, the ability of the Fed to stimulate the economy comes to an end.

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The Myth That Consumers are Drowning in Debt

Stephen Rose | Posted 10.16.2007 | Business

Read More: Consumerism, The American Consumer, Debt, Consumer Debt, Consumers, Household Debt, Mortgages, Business News
Stephen Rose

Are there some people who have been crushed by their debt? Sure. But the key question is how many.

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