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Politics : Formerly About Advanced Micro Devices

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To: combjelly who wrote (586113)9/18/2010 4:00:50 AM
From: Tenchusatsu  Read Replies (1) of 1585108
 
CJ, I already know the ups and downs of a rising savings rate.

I generally view it as a necessary thing if we're going to rebuild consumer confidence and get ourselves out of this recession. So it contracts the economy in the short-term. Better to do that now than drag out the pain.

By the way, Suze Orman is a regular on CNBC (I misspelled her name as Suzy ... oops):

suzeorman.com

Tenchusatsu
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