Tuesday, June 9, 2009

The Still Over-Leveraged Consumer | The Big Picture

The Still Over-Leveraged Consumer | The Big Picture: "Despite spending less time at the mall, throttling back consumption, and increasing their savings rate, the US consumer still finds themselves with too much debt and too little savings. Even worse (at least for the economy), they lack the income or the equity to fund their previous lifestyles."A couple of things deserve mention:The graphs are

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