Economic reality, in other words, is settling in across the nation. Every tumultuous period of financial boom and bust comes to be defined by a word or catchphrase. Tulipmania. The Great Depression. The dotcom bubble. The word that could define the financial times we are now living through — and the economic pain that has begun — is leverage. Full Story »
Posted by Derek Hawkins
A concise, comprehensive story predicting what the author calls the "deleveraging of America." He makes the compelling case that the current financial crisis represents a significant lifestyle change for mainstream Americans. Good analysis and anecdotes. Another outside perspective or two would have added depth.
Informative but brief article about how the credit crunch is affecting retail sales, as part of what the author calls the 'deleveraging of America.' The report provides a couple sources, but could use more independent perspectives.
yes, because it brings up a point that is needed to be known. everyone is scared about the economy and this is a story will tell everyone straight up the realities of how it is, and how it will be.
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