Comments on: Spendthrift nation: drowning in debt

By: Carnival Of Personal Finance #96 Is All That Matters. | My Two Dollars

Carnival Of Personal Finance #96 Is All That Matters. | My Two Dollars — Tue, 17 Apr 2007 14:31:14 +0000

[...] Queercents talks about our spendthrift nation and the pile of debt we are drowning in. Its going to be quite a long swim! [...]

Current score: 0 (to vote for this comment, please visit the site)

By: pfodyssey

pfodyssey — Mon, 16 Apr 2007 14:13:04 +0000

This is but another symptom of many (inadequate education, skyrocketing healthcare to name some others) that ail our country. Unfortunately, it is a very difficult cycle to break as consumer spending accounts for a such a significant portion of our economy (2/3rds?) and government, businesses, investors, etc will be reluctant to do anything that would slow down the economic train.

Current score: 0 (to vote for this comment, please visit the site)

By: AllFinancialMatters » Blog Archive » The 96th Carnival of Personal Finance

Mon, 16 Apr 2007 04:06:58 +0000

[...] 3. Spendthrift Nation: Drowning in Debt [...]

Current score: 0 (to vote for this comment, please visit the site)

By: Jaime

Jaime — Wed, 11 Apr 2007 19:04:21 +0000

Hi, I am agree with the author, but I think a small part of this savings decline is due to a change on the population pyramid. More Baby boomers are entering to retirement and they are spending their saving (they have been saved before 1980). These are my 2 Cents, Jaime

Current score: 0 (to vote for this comment, please visit the site)