savings – Page 12 – Credit Writedowns

Credit Writedowns

Finance, Economics, and Markets

Weak consumer spending will last for years

Conspicuous consumption in China

Looking beyond the fake recovery

Slow long-term growth, and government’s response

Do the personal income data demonstrate unbalanced reflation?

Minsky: Turning neoclassical economics on its head

Cultural attitudes on work, leisure and wealth in Europe and America

Bill Gross: the new normal means investors should shun risk

Why the personal consumption data is important to the stock market

Savings in America hit 5%, up from nil last year