Comments on: $2,540,000,000,000 in USA Consumer Debt http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/ Wed, 20 Jul 2016 15:41:03 +0000 hourly 1 https://wordpress.org/?v=4.5.4 By: Curious Cat: Consumer Credit Falls By Record Amount in November http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/comment-page-1/#comment-4423 Thu, 30 Apr 2009 03:11:05 +0000 http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/#comment-4423 “The Federal Reserve reported yesterday that borrowing through credit cards and other consumer loans dropped $7.94 billion in November, the biggest decline in 65 years of record-keeping…”

]]> By: The USA Economy Needs to Reduce Personal and Government Debt at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/comment-page-1/#comment-4123 Mon, 09 Mar 2009 13:11:42 +0000 http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/#comment-4123 […] exist and buying what you can’t afford is fine. Just convince people to go spend more money, run up their credit card debt, borrow against their house, as long as everyone believes it can continue. That can work for awhile […]

]]> By: Closing on Sunday - part of the solution for crushing consumer debt? http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/comment-page-1/#comment-3913 Sat, 13 Dec 2008 18:11:44 +0000 http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/#comment-3913 I actually hope Germany sticks to their no Sunday opening policy. One day without full blast consumption pressure is probably good for people…

]]> By: Personal Saving and Personal Debt in the USA at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/comment-page-1/#comment-3815 Tue, 25 Nov 2008 15:45:25 +0000 http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/#comment-3815 “Starting back in about 2005, the American consumer reached the point that they could no longer service ever-increasing amounts of debt…”

]]> By: The Economy is in Serious Trouble at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/comment-page-1/#comment-3756 Thu, 13 Nov 2008 04:57:38 +0000 http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/#comment-3756 […] alarmist reports, the economy is in serious trouble. The decades of spending beyond their means (for consumers and those the consumers elected to run government) are creating a very difficult situation. And the […]

]]> By: Will Americans Actually Save and Worsen the Recession? at Curious Cat Investing and Economics Blog http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/comment-page-1/#comment-3660 Tue, 21 Oct 2008 12:33:29 +0000 http://investing.curiouscatblog.net/2008/04/07/2540000000000-in-usa-consumer-debt/#comment-3660 […] starting in the 1990s … “Consumers are starting to realize that they’ve been living in a fantasy world,” says Lyle Gramley, a former Fed governor who is now senior economic adviser at Stanford […]

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