As Christmas holiday memories fade and people return to work or their normality, the credit card bills will start to arrive in January. The following article in the New York Times looks at the outlook for the American consumer. It’s well worth a read.
Of course, there will also be vast disparities within each national trend.
- It’s Consumer Spending, Stupid – NYTimes.com (wpvins.wordpress.com)
- Nancy Folbre: Overclass vs. Underclass – NYTimes.com (dralfoldman.wordpress.com)
- Austerity Reigns Over Euro Zone as Crisis Deepens – Nelson Schwartz via NYTimes.com (underpaidgenius.com)
- Nobody Understands Debt – NYTimes.com (dralfoldman.wordpress.com)