Chart o' Doom



“ Despite the downward trend of personal savings rate in America, a change in money mindset has emerged from this recession.  Personal savings rate has climbed to its highest level in the past 15 years while U.S. consumer outstanding credit plunged in recent months.  Having directly seen the impact of facing a recession without a cushion, many Americans are becoming thriftier and savvier in managing their money.” (via The Collapse of Personal Savings Rate in America) Chart O’ Doom with a side of silver lining?

“

Despite the downward trend of personal savings rate in America, a change in money mindset has emerged from this recession.  Personal savings rate has climbed to its highest level in the past 15 years while U.S. consumer outstanding credit plunged in recent months.  Having directly seen the impact of facing a recession without a cushion, many Americans are becoming thriftier and savvier in managing their money.”

(via The Collapse of Personal Savings Rate in America)

Chart O’ Doom with a side of silver lining?

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    2009, along with an alarmingly opposing trend...rising consumer debt.”
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