Thursday, February 14, 2008

The End of the Road?

A NYTimes columnist wrote an interesting Op-Ed a few days ago that discussed what has driven the recent years of decadence into the looming recession.

"The problem lies deeper. It is the culmination of three decades during which American consumers have spent beyond their means. That era is now coming to an end. Consumers have run out of ways to keep the spending binge going."

See the article here.

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