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        riddles >> general problem-solving / chatting / whatever >> Consumer Crunch
        
(Message started by: JiNbOtAk on May 18^th, 2010, 1:00am)

Title: Consumer Crunch
Post by JiNbOtAk on May 18^th, 2010, 1:00am

I had an assignment during my economy module regarding this article. (http://www.businessweek.com/magazine/content/07_48/b4060001.htm) We had to discuss the prediction that had been made, how accurate they were, and how much of it had came true. Given the numbers of Americans here, maybe you guys can share some thoughts ?

1) Do you feel the way you're spending now differs greatly than how you did 3 to 5 years ago ? (in terms of money involved, not the items bought)

2) Do you feel that is how the majority of the country spends their money ?

Thanks guys, any comments appreciated !! (even from the non-Americans )