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Old 12-27-2005, 12:05 PM
charlie7 charlie7 is offline
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Join Date: Jan 2004
Posts: 209
Quote:
Originally Posted by ilvanakis
I'm not a gloom and doomer but from what I read in the papers most of this spending is done via credit card. According to the seattle times, the US personal savings rate is 0 and consumer debt is $2.2 trillion - about double what it was 10 years ago. I guess the question is, how long can this go on?
Not long.....
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