The angry bear blog points out that it will be unsustainable for Americans eventually as they continue spending more than saving. Gleaning data from a recent Commerce Department report, it points out that for only the second time in the past several decades (the first was in October 2001), households as a group were reducing their net savings position (abstracting from capital gains and losses).
Image via Angrybear
15 years of spending more and saving less
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on Check history before you buy... very nice advice dude, thanks. i’ll think about it.
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on Avoid Investing In Banks I would like to thank you fro sharing these thoughts. These days we are experiencing...
on Siemens' chairman resigns... That’s right. face the same problem. but that is the goodthing to do.
on Siemens' chairman resigns... well i think all country facing the same problem about corruption. Hope this never happen...
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