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Reply #1: "Americans last quarter cut savings to boost purchases" [View All]

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mactime Donating Member (22 posts) Send PM | Profile | Ignore Thu Oct-27-11 09:47 AM
Response to Original message
1. "Americans last quarter cut savings to boost purchases"
While this is good news, this "Americans last quarter cut savings to boost purchases" makes me nervous. Americans have had a unhealthy level of savings for a long time and only recently started saving again. Can the US economy only survive if people spend more than they actually earn?
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