Americans are Saving Again - November 4, 2009

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DATE : Wed, 4 November 2009 17:00:00 EST
Entered in Database : 2009-11-11 21:54:44
length : 4914842
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Believe it or not, US consumers have pulled off a dramatic U-turn. Addicted to debt in the boom years, the world’s biggest consumers are pinching their pennies at a rate few thought possible just a year ago. This deleveraging process is weighing on the economy now, but paving a path to recovery.

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