To Save the Economy, We Need to Stop Saving
As consumers hibernate and investors hoard cash, the economy is withering. This new age of thrift is understandable. But for a recovery to take hold, Americans will need to start taking risks again. Full Story »
Posted by Derek Hawkins
When is saving bad? Now, according to this piece. Risk build our country and until people once again are willing to take financial risks it is unlikely the economy can improve. And until our economy improves it is unlikely that the world economy can revive.