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blogs.wsj.com - 12/24/2008
Real Time Economics : Will 2009 Be Year of Saving?
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For U.S. consumers, 2009 is likely to be the year of saving, rather than spending. Although some burdens, such as gasoline prices, have lightened considerably, the cons for the household sector still outweigh the pros. That’s why economists are downbeat on overall economic activity in 2009. A ...
what if saving was stupid
bripblap.com - 12/19/2008
what if saving was stupid
— bripblap.com — redmoney Personal finance wisdom teaches us that you should always “save for the future.” You should take... your current earnings and put at least some aside for the future. That future may be a time when you need an emergency fund (health crises, car ... (more) what if saving was stupid
Comments vote down Million Dollar Journey found this 12/19/2008found this
A DELICATE BALANCE: CONSUMPTION & SAVING
capitalspectator.com - 12/26/2008
A DELICATE BALANCE: CONSUMPTION & SAVING
— capitalspectator.com — Spending is out, saving is in. The trend not only has legs, it has depth and magnitude,... as the personal income and spending report for November reminds. But at a time when prices are falling generally, the gap between spending in nominal terms (i.e., ... (more) A DELICATE BALANCE: CONSUMPTION & SAVING

Comments vote down Abnormal Returns found this 12/26/2008found this
marketnewslive.blogspot.com - 12/28/2008
Video: Unisys Corp. Cutting Costs & Slashing Jobs
— marketnewslive.blogspot.com — Technology services provider Unisys (UIS) announced today that in measure to cut costs amid weak product demand,... the company will slash some 1,300 jobs. (more) Video: Unisys Corp. Cutting Costs & Slashing Jobs

Comments vote down MediaMan MediaMan posted 12/28/2008posted this

Blog Reactions

SCSUScholars:  Spending and saving at the end of 2008

Abnormal Returns:  Friday links: savings, bankrutcy and microgiving

Comments
Blog Reactions

Spending and saving at the end of 2008
SCSUScholars — ... differently: Rather than say "Consumers slash spending" I would say "households are rebuilding savings." The most telling thing in this blog post yesterday is italicized: ...

Friday links: savings, bankrutcy and microgiving
Abnormal Returns — ... The key word for 2009:  savings.  (Real Time Economics, Capital Spectator, Calculated Risk) Or maybe bankruptcies? (Big Picture) Then again, maybe “microgiving” is the word for 2009?  (Howard Lindzon) Blaming the Chicago School of Economics for our current mess misses the point(s).  (Going Private) Corporate bonds vs. ...

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