http://www.creditwritedowns.com/2008/07/chart-of-day-household-debt-vs-savings.html Sat, 21 Nov 2009 08:48:41 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://www.creditwritedowns.com/2008/07/chart-of-day-household-debt-vs-savings.html/comment-page-1#comment-4673 Fourth Wave Consulting » The Big Picture - America’s Economic Situation Sun, 05 Apr 2009 19:05:04 +0000 http://www.creditwritedowns.com/2008/07/chart-of-the-day-household-debt-vs-savings.html#comment-4673 [...] personal savings rate in this country hit the lowest level since 1933, fueled by a decades-long credit binge. In the last quarter, it has jumped to 5%. This isn’t [...] [...] personal savings rate in this country hit the lowest level since 1933, fueled by a decades-long credit binge. In the last quarter, it has jumped to 5%. This isn’t [...]

]]> http://www.creditwritedowns.com/2008/07/chart-of-day-household-debt-vs-savings.html/comment-page-1#comment-85 Theinvestingspeculator Wed, 09 Jul 2008 14:33:00 +0000 http://www.creditwritedowns.com/2008/07/chart-of-the-day-household-debt-vs-savings.html#comment-85 Great post. I think that is why the markets have a lot farther to fall. The economy is 71% consumer related. If the consumer doesn't have any more savings and can't get more credit-revenues will fall-stocks will fall. Great post. I think that is why the markets have a lot farther to fall. The economy is 71% consumer related. If the consumer doesn’t have any more savings and can’t get more credit-revenues will fall-stocks will fall.

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