Another Silver Lining to This Recession

By: Brian Simpson (Diary)  |  December 13th at 04:09 PM  | 

From the diaries by Erick. U.S. household debt is falling and the savings rate is on the rise. Economists say consumers appear to be curbing their spending and displaying a healthy prudence about taking on new debt — something financial planners have been admonishing Americans to do for decades. What economists don’t know is whether people are bringing down their debt voluntarily or whether it’s | Read More »