Latest Consumer Spending Data Much Worse Than Expected
The centrality of the U.S. consumer to the overall global economy has meant his pulling back on a debt induced shopping spree, which has sparked a worldwide synchronized recession.
The centrality of the U.S. consumer to the overall global economy has meant his pulling back on a debt induced shopping spree, which has sparked a worldwide synchronized recession.
Michael Pento | Posted 09.03.2009 | Politics
It is increased production and decreased consumption that we need. We need to boost savings and pay down our debt.
Clusterstock | Henry Blodget | Posted 12.01.2008 | Business
More importantly, the WSJ gets at the real problem here. In addition to running on fumes and fearing for their own futures, the banks aren't lending b...
Sheldon Filger | Posted 09.17.2009 | Business