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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (43648)12/8/2008 6:53:51 PM
From: KyrosL2 Recommendations  Read Replies (1) | Respond to of 217576
 
Agree with you. In the last few months the US savings rate shot up at a record pace. I expect that by the end of 2009 it will be back up above 5%, with the US balance of payments deficit at 1-2% of GDP.

TJ will be happy Americans are shedding their wastrel ways <g>



To: energyplay who wrote (43648)12/9/2008 1:00:14 AM
From: elmatador  Respond to of 217576
 
People are resetting prioritires into which they are spending money.

Cutting holidays, (2/3 less)by now
Cutting down on gifts
Cutting down extra curricular activities to children
Deferring changing the cars
Selling one of the cars